This fully rented Kokomo duplex presents an immediate cash flow opportunity. Recently renovated within the past six months, the property boasts a new roof, fresh siding, and modern interior updates. The high-efficiency HVAC system, less than two years old, ensures comfort and energy efficiency. With leases in place generating $1,000/month for the 2-bedroom, 1-bathroom top unit and $1,200/month for the 3-bedroom, 2-bathroom bottom unit with convenient access to laundry hookups in the basement, and the seller currently paying all utilities, this property offers immediate income potential. Don't miss this chance to own a turnkey investment in a growing market.
If you are an investor it is your lucky day! One property two homes. A two bedroom house, one bath, two living areas, enclosed front porch, with an attached garage-1095sq ft. Currently rents for $1000.00 per month, lease ends 7/31/25. There is a nonworking fireplace in the family room. Also has a studio apartment, that has a basement, 440 finished sq ft. Currently rents for $600.00 per month, lease ends 7/28/2025. Shared meters, owner pays utilities. Tenant rights apply, 24 hour notice for all showings. All appliances included unless tenant owned. To be sold "As Is"
4010-4032 Liberty St. Don't miss this rare opportunity to own a condominium community along with the HOA. Willow Creek Condominiums is a cozy little community tucked away in a quiet neighborhood, eight buildings consisting of twelve condos, two are privately owned but still pay into the HOA annually. All ten rental units are occupied. Each unit is 2 bed/1 bath (one unit does have a half bath and a sunroom). Eight out of the ten rented units have been updated. All units share a well, there are six septics, and each unit has its own utility meter. New water system. The HOA is included in the sale which could offer you a significant tax break. Units have a combination of gas heat or electric baseboard with a combo of central AC and window air units. With each unit having its own parcel ID's you could keep them as a great addition to your portfolio, you could sell them individually and retain the HOA. Owner pays for trash removal, lawn care, and electric for the well pump.
Kokomo is located in Indiana. Kokomo, Indiana has a population of 59,263. Kokomo is less family-centric than the surrounding county with 23.02% of the households containing married families with children. The county average for households married with children is 25.42%.
The median household income in Kokomo, Indiana is $51,450. The median household income for the surrounding county is $59,238 compared to the national median of $69,021. The median age of people living in Kokomo is 40 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 41.9 inches per year, with 30.5 inches of snow per year.