There is No better time than the present to start investing in your Future! This is the Perfect time to add too or start your Rental portfolio. 5 Duplexes total makes 10 rental units. Each side is a 2 bedroom, 1 bath. With the potential of adding Natural gas (currently across the road), and sewer ( currently at Hwy 46 and 43) this 8.53 Acres could be all you ever need. All 10 Units are currently Leased. Currently Tenants pay electric, and owner pays water, trash, and mowing. Trash, and mowing are done in-house.
Off market
$383,100
2790 Green Meadows Dr, Spencer, IN 47460
20beds
1,482sqft
MultiFamily
Built in 1965
-- sqft lot
$383,100 Zestimate®
$259/sqft
$1,173 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups
Features
- Laminate Counters
- Flooring: Carpet, Linoleum / Vinyl
- Windows: Double Pane Windows
- Basement: None
Interior area
- Total interior livable area: 1,482 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Exterior features: Vinyl
- Waterfront features: No Water Features
Lot
- Size: 8.53 Acres
- Features: Level, Rural, Sloped, Irregular Lot, 6 to 9.999 Acres
Details
- Parcel number: 601026102150010027
- Zoning: County Zoning(Unknown)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Shake / Shingle
Condition
- Year built: 1965
Utilities & green energy
- Electric: Morgan Co REMC
- Sewer: Septic Tank
- Water: Public, BBP
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Spencer
HOA & financial
Other financial information
- Total actual rent: 66000
Other
Other facts
- WaterSource: Public, BBP
- Flooring: Carpet, Vinyl
- Heating: Baseboard, Electric
- Sewer: Septic Tank
- Appliances: Range/Oven, Refrigerator, Electric Water Heater
- Roof: Shingle
- ArchitecturalStyle: Ranch
- HeatingYN: true
- CoolingYN: true
- LeaseTerm: 12 Months
- ConstructionMaterials: Vinyl Siding
- OwnerPays: Trash Collection, Grounds Care, Insurance, Water, Snow Removal
- NumberOfUnitsTotal: 10
- WindowFeatures: Double Pane Windows
- LotFeatures: Level, Rural, Sloped, Irregular Lot, 6 to 9.999 Acres
- Cooling: Window Unit(s)
- PetsAllowed: Yes
- GrossIncome: 5500
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- WaterSewerExpense: 1500
- NumberOfUnitsLeased: 10
- OpenParkingYN: true
- TenantPays: Electricity
- MaintenanceExpense: 4200
- ParkingFeatures: Off Street, Gravel, Gravel Driveway
- SecurityFeatures: Smoke Detector(s)
- InteriorFeatures: Laminate Counters
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- TotalActualRent: 66000
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups
- TrashExpense: 1620
- InsuranceExpense: 2820
- MlsStatus: Active
- WaterfrontFeatures: No Water Features
- Zoning: County Zoning(Unknown)
- Electric: Morgan Co REMC
- NetOperatingIncome: 50666.56
Services availability
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