424 Lebanon Street, Lebanon, IN 46052
- $225,000
- List Price
- $225,000
- MLS#
- 21752391
- Lot Size
- 7,187
- Listing Area
- LANE OL 6 LOT 4 576-0338
- Days on Market
- 64
- Status
- ACTIVE
Property Description
CASH COW! Move your $$ out of low-interest bank accounts & into real estate to earn $27k+ GOI through this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops, restaurants, library, park & courthouse. Excellent long-term rental history w/ low expense for great cashflow & solid ROI. Main floor features two 2BR apartments that each have access to private, oversized, 1C garages. Upper floor offers two 1BR units. A third garage bay is available & could be leased for more income. Long-term tenants in place, low turn-over rate, professionally managed & could continue to be - this is just such EZ MONEY. All apartments individually metered. Sold w/ tenants' rights. Please do not disturb them!
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Additional Information
- Tenant Pays
- Electric, Gas, Insurance Renters
- Owner Pays
- InsHazard, Insurance Liablty, Insurance Structure, Lawncare, Property Taxes, Sewer, Trash Pick Up, Water
- Foundation
- Basement-Block, Full
- Architecture
- TraditonalAmerican
- Exterior
- Vinyl
- Lot Information
- Access Alley, Corner, Curbs, Sidewalks, Storm Sewer
- Exterior Amenities
- Driveway Gravel
- Lot Size
- 7,187
- Acres
- 0.165
- Financing
- Contract, Conventional, InsuredConventional
- Region
- Center
- Neighborhood
- LANE OL 6 LOT 4 576-0338
- School District
- Lebanon Community
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Listing courtesy of Carpenter, Realtors®.
Information Deemed Reliable But Not Guaranteed. © 2021 Metropolitan Indianapolis Board of REALTORS®