Wonderful investment opportunity in great Hobart location. We are excited to offer this very well-maintained, 3-unit rental with long term rental history for sale. There have been many improvements and updates made to the property in the recent years. Newer roof, replaced old iron water supply lines, added gas/electric water heaters, updated all electric, replaced furnace and MORE. Come take a look before it's gone!
Here is the opportunity to purchase this duplex that includes 3 additional parcels of land and turn it into a profit making machine! This charming duplex needs work but it has tons of potential. The main unit is currently occupied and the long term tenant is currently paying $795.00 per month. The upper unit is currently vacant and previous rent was at $695.00 per month. There is a detached garage/ storage space located on a large lot. Both units have front and rear entrances and the upper unit has a deck front and back deck. Add this to your rental portfolio today!
Hobart is located in Indiana. Hobart, Indiana has a population of 28,573. Hobart is more family-centric than the surrounding county with 31.75% of the households containing married families with children. The county average for households married with children is 27.3%.
The median household income in Hobart, Indiana is $58,366. The median household income for the surrounding county is $52,559 compared to the national median of $57,652. The median age of people living in Hobart is 39.1 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 39.3 inches per year, with 32.7 inches of snow per year.