308 Winters Way, Carthage, IN 46115

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List Price
$1,400,000
MLS#
22058405
Days on Market
290
Status
PENDING

Property Description

Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $155,555 per duplex, $77,777 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 18 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.

Additional Information

Expenses
58599
Tenant Pays
All Utilities, Insurance
Owner Pays
Ins Hazard, Insurance, Lawncare, Taxes
Foundation
Crawl Space
Stories
One
Architecture
Ranch, Traditional
Equipment
Smoke Alarm
Exterior Amenities
Not Applicable
Acres
0.31
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Exchange - 1031, Conventional
Region
Ripley

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Highgarden Real Estate.

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