711 W 22nd ST Active Save Request In-Person Tour Request Virtual Tour
Anderson,IN 46016
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Woodlawn
MLS Listing ID 22022153
Year Built 1923
Tax Year 2023
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Duplex
Property Description
**Investor Special! Duplex Opportunity in Anderson, Indiana** Unlock the potential with this income-producing duplex in the heart of Anderson! This property offers: - **Unit 1**: A spacious 2-bedroom, 1-bathroom layout with the potential to add a 3rd bedroom for increased rental value. It also features basement access, where old plumbing for a full bathroom, including a shower, presents an opportunity for future upgrades or additional living space. - **Unit 2**: A cozy 1-bedroom, 1-bathroom unit, perfect for stable rental income. The property generates $1,000/month in gross rent, with room to increase income through updates and reconfigurations. Additional highlights include a 2-car garage, ideal for tenant storage or added rental appeal. Tenants pay all utilities. This property is perfect for savvy investors looking to maximize ROI in a growing rental market.
Location
State IN
County Madison
Interior
Cooling Central Electric
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story One
New Construction false
Schools
Elementary Schools Valley Grove Elementary School
Middle Schools Highland Middle School
High Schools Anderson High School
School District Anderson Community School Corp