Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-29-25. Unit 1614.5 is a 1 bedroom unit, currently vacant. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-24. Seller pays W/T/S and tenants pay electric & gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Donâ??t miss out on this great investment opportunity!
Madison County Investors! Beautiful Victorian Duplex near the heart of Downtown Elwood. Room for upside as an investment or live in one unit while collecting rent on the other! Seperately metered electricity and gas, shared water and sewer. The home was once a single family residence. This property may be purchased as part of a package which includes the Triplex located at 1900 N B St in Elwood.
Madison County Investors! Fully occupied Triplex near the heart of Downtown Elwood. $1,500 in monthly gross rents means cash flow from day-one! Interior photos are of Unit 1. Tenants responsible for electricity (heat is electric). Landlord responsible for water and sewer. This home may be purchased as part of a package which includes the duplex located at 1500 S K St in Elwood. Tenant's rights apply.
Elwood is located in Indiana. Elwood, Indiana has a population of 8,458. Elwood is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 26.68%.
The median household income in Elwood, Indiana is $36,342. The median household income for the surrounding county is $45,432 compared to the national median of $57,652. The median age of people living in Elwood is 38.9 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 41.5 inches per year, with 19.5 inches of snow per year.