Great investment opportunity! Less than a minute from the town of Spencer. 3 rental units - Upper Unit is a very spacious 2 bedroom, 1 bath and previously rented for $600 per month. Lower West Unit is 2 bedroom, 1 bath which currently rents for $550 per month. Lower East Unit is 1 bedroom, 1 bath and currently rents for $500 per month. Seller pays monthly water bill which runs approximately $150 per month. All showings require 48 hour notice.
Off market
$223,700
218 Rocky Hill Rd, Spencer, IN 47460
5beds
3,216sqft
MultiFamily
Built in 1980
-- sqft lot
$223,700 Zestimate®
$70/sqft
$1,254 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 5
Heating
- Forced air
Cooling
- Central
Appliances
- Laundry: Utility Room
Features
- Ceiling Fan(s)
- Flooring: Carpet
- Basement: None
- Common walls with other units/homes: No One Above
Interior area
- Total interior livable area: 3,216 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl
Lot
- Size: 0.50 Acres
- Features: Irregular Lot
Details
- Parcel number: 601020100400000028
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: City
Community & neighborhood
Location
- Region: Spencer
Other
Other facts
- Flooring: Carpet
- Sewer: Septic Tank
- Heating: Forced Air
- InteriorFeatures: Ceiling Fan(s)
- ArchitecturalStyle: Two Story
- AttachedGarageYN: true
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 3
- TenantPays: Cable TV, Electricity, Trash Collection, Heating
- ConstructionMaterials: Vinyl Siding
- LeaseTerm: Month To Month
- OwnerPays: Water
- MainLevelBathrooms: 5
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Attached
- NumberOfUnitsLeased: 2
- TrashExpense: 0
- MaintenanceExpense: 0
- Cooling: Central Air
- LaundryFeatures: Utility Room
- CommonWalls: No One Above
- LotFeatures: Irregular Lot
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 0
- GrossIncome: 1650
- WaterSource: City
- MlsStatus: Cont-AccptngBackupOffers
Services availability
Get pre-qualified for a loan
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