Well-maintained fully rented 4-unit multifamily in a great location close to downtown with a strong income profile and immediate upside. Extensively remodeled throughout: updated plumbing and electrical, energy-efficient windows, premium siding, and renovated units with quality finishes. This is a clean, well-cared-for building, done with the intention of a long-term keep. Current owner uses the garage for storage - potential rental at $100-$150/mo that's not included in the numbers. Current rents are: $950, $1050, $950, $950. Value-add upside: two furnaces in place to add central AC and lift rents; owner-paid utilities can be sub-metered or recaptured; garage and 800+ sq ft attic offer additional income potential.
Listing courtesy of Keller Williams Indy Metro NE. Selling Office: MIBOR REALTOR® Association.
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