Listing courtesy of Robert Ping from Ping Realty, LLC.
Investment opportunity! This spacious triplex offers approximately 2,860 square feet of living space and provides immediate rental income with additional upside potential. The property consists of three units and features a partial basement. Unit 1 is a 1-bedroom, 1.5-bath unit currently occupied by a long-term tenant paying $500 per month with a lease in place through 1/31/2027. Unit 3 is tenant-occupied at $620 per month through 9/30/2026. Unit 2 is currently vacant, providing an opportunity for owner-occupancy or additional rental income. Tenants are responsible for their own electric service, while the owner pays for water, gas, sewer, and trash. Whether you're looking to expand your investment portfolio or enter the multifamily market, this property offers a combination of established rental income and value-add potential. This triplex presents an excellent opportunity for investors seeking cash flow and future growth.
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 