Great investment opportunity at an 11% cap rate with this well kept triplex! Features include original hardwoods, trim, doors, hardware and arches. Lg rooms in units give a feeling of home. Individual entrances and laundry in bsmt. Could be converted to residential with in law quarters or lease out one unit. Furnace, Siding and Vinyl windows approx 15 yrs old; dimensional shingles 10 yrs old; 70 gal water heater 3 yrs. Established tenants.
Listing courtesy of MIBOR / F.C. Tucker Company
Last checked:
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Last updated Apr 20, 2024
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MLS# 21457120 —
The Building
Year Built:
1900
New Construction:
false
Construction Materials:
Vinyl Siding
Architectural Style:
TradAmer
Levels:
Two,Basement
Basement:
true
Foundation Details:
Block
Green Certification:
No
Building Information:
Smoke Alarm
Building Area Source:
Assessor
Interior
Laundry:
Common
Location
Directions:
FROM SR 9, go west on US40 to Broadway, north on Broadway to North St, turn east (R) on North Street to house on right.
The Property
View:
true
Property Type:
Residential Income
Property Subtype:
1-4 Units Residential
Property Description:
Great investment opportunity at an 11% cap rate with this well kept triplex! Features include original hardwoods, trim, doors, hardware and arches. Lg rooms in units give a feeling of home. Individual entrances and laundry in bsmt. Could be converted to residential with in law quarters or lease out one unit. Furnace, Siding and Vinyl windows approx 15 yrs old; dimensional shingles 10 yrs old; 70 gal water heater 3 yrs. Established tenants.
Parcel Number:
300732303014000009
Acres:
<1/4 Acre
Lot Number:
15
Lot Information:
Access Alley,Access Street,Corner,Sidewalks
Lot Size:
.16
Lot Size Acres:
0.1607
Structure Type:
Triplex
Road Access:
CityStreet
Road Surface Type:
Asphalt
Listing Agent
Contact info:
Agent phone:
(317) 891-0100
Office phone:
(317) 891-0100
Taxes
Tax Year:
2015
Tax Exemptions:
None
Semi Annual Property Tax Amt:
1214
The Listing
Disclosures:
Not Applicable
Inspection Warranties:
Not Applicable
Utilities
Building Utilities:
Cable Available,Cable Connected,Gas Connected,Municipal Sewer Connected,Municipal Water Connected
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
12/6/22
Dec 6, 2022
MIBOR
$189,000
-11.7%
11/8/22
Nov 8, 2022
MIBOR
$214,000
11/2/22
Nov 2, 2022
MIBOR
$214,000
94.5% (18.0% / YR)
Finding records…
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No additional history available
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Multifamily
Sold
on 7/28/2017
$110,000
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Listing provided by broker:
Sherri Keaton
F.C. Tucker Company
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: MIBOR
and F.C. Tucker Company.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.