602 Hutchins Avenue, Columbus, IN 47201

$205,000

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Sold Price
$205,000
List Price
$239,000
Closing Date
Nov 04, 2024
MLS#
21999918
Days on Market
60
Status
SOLD

Property Description

Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!

Additional Information

Expenses
1
Owner Pays
Water
Basement
Cellar
Stories
Two
Acres
0.11
Region
Columbus

Listing courtesy of Candace Hester from eXp Realty LLC

Selling Office: eXp Realty LLC.

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Calculator source: Real Geeks

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