216 E Lincoln ST new Save Request In-Person Tour Request Virtual Tour
Greenfield,IN 46140
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Bradley
MLS Listing ID 22024260
Year Built 1900
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Duplex
Property Description
Seize this rare opportunity to acquire three fully rented residential properties in the heart of Greenfield, Indiana! With 9 total units, this package delivers immediate cash flow, minimal management hassle, and strong appreciation potential in one of Indiana's fastest-growing markets. 203 N Pennsylvania St., Greenfield, IN 46140 - Quadplex (4 Units), 306 N State St., Greenfield, IN 46140 - Triplex (3 Units), 216 E Lincoln St., Greenfield, IN 46140 - Duplex (2 Units). 100% Occupied & Turnkey - All tenants are thoroughly screened, financially stable, and qualified. Strong Rental Income - Generating $80,400/year in rents with potential for increases. High Cap Rate (+/- 7%) - A fantastic return for a cash buyer. Utilities run approximately $14,000 per year for all three properties. Either Rent, flip, or hold - this portfolio is built for flexibility. Package Deal Savings - Buy all three properties together for the best value! Tours are available after proof of financing and funds have been verified. Secure this cash-flowing, low-maintenance investment today! $2,697.48 - Total utilities paid for the whole year 2024. Tenants pay an additional $80 per month for utilities.
Location
State IN
County Hancock
Interior
Fireplace N
Building
Story One and One Half
New Construction false
Schools
Middle Schools Greenfield Central Junior High Sch
High Schools Greenfield-Central High School
School District Greenfield-Central Com Schools