135 & 137 W Wayne Street Active Save Request In-Person Tour Request Virtual Tour
Spencer,IN 47460
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $665
MLS Listing ID 202504297
Style Attached
Bedrooms 2
Full Baths 1
Year Built 1900
Annual Tax Amount $6,276
Tax Year 2024
Lot Size 0.400 Acres
Property Sub-Type Site-Built Home
Property Description
Calling all investors! Looking for a stable, immediate cash flow property in excellent condition? This lot offers 5 Duplexes with upper/lower units and 1 site built home, all 11 units are currently rented out with a strong rental history and plenty of room for potential revenue. Gravel parking lots in front of the units allow for off street parking for each resident. All 11 units have 2 bedrooms & 1 bathroom, with individual porches for enjoyment, new metal roofs, and the current property manager does routine walk-throughs in Fall & Spring to keep up on repairs. The buildings are structurally in excellent condition making for a great investment.
Location
State IN
County Owen County
Area Owen County
Rooms
Kitchen Main, 11 x 12
Interior
Heating Electric
Cooling Central Air
Laundry Main, 6 x 8
Building
Lot Description Corner,0-2.9999
Foundation Slab
Sewer City
Water City
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Spencer
Middle Schools Owen Valley
High Schools Owen Valley
School District Spencer-Owen Community Schools
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202504297