Large duplex in Richmond in need of some TLC! Both units are currently rented to tenants on a month-to-month lease. Each tenant is paying $450/month, but both units can be delivered vacant if necessary. Both water heaters are less than 5 years old. Furnaces were replaced in 2023. Each side has 3 beds and 1 bath.
Fantastic Investment Opportunity in Historic Richmond! This triplex in the historic community of Richmond is a great investment opportunity for those looking to capitalize on a fixer-upper. The property requires a complete rehab, with the back apartment needing the most work. The upstairs apartment and the other downstairs unit are solid structures that will require less extensive renovations. With the potential for high returns, this property is perfect for investors ready to bring this historic gem back to life. Don't miss out on this promising opportunity!
Great Investment Opportunity in Historic Richmond! This rehabbed duplex is a prime investment in the charming historic community of Richmond. Both sides of the duplex have been remodeled featuring fresh paint, new flooring, and modernized bathrooms. Additionally, the property includes a spacious 20x26 detached garage with an apartment, offering even more potential for cash flow once rehabbed. Don't miss out on this unique opportunity to invest in a property with tremendous upside in a sought-after location!
6 unit investment property near downtown Richmond, IN. Property is currently undergoing renovations. Listing price will be incrementally increase as projects are completed. Property is currently in need of improvement. Property is to be sold as-is OR with inspection contingency being waived. Sight unseen acknowledgement is required. Entrance to the property will only be permitted for an inspection (if applicable) after property is under contract.
Richmond is located in Indiana. Richmond, Indiana has a population of 35,819. Richmond is less family-centric than the surrounding county with 26.53% of the households containing married families with children. The county average for households married with children is 28.02%.
The median household income in Richmond, Indiana is $33,381. The median household income for the surrounding county is $41,813 compared to the national median of $57,652. The median age of people living in Richmond is 39.3 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 41.5 inches per year, with 19 inches of snow per year.