315 N Adams St, Marion, IN 46952-2759

$42,000
3
BD
2
BA
1,844
SqFt

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List Price
$42,000
Price Change
▼ $3,000 1788459249
MLS#
202623416
Sqft. of Residence
1,844
Status
ACTIVE

Property Description

Excellent investment opportunity with immediate rental income! This duplex offers approximately 1,844 square feet of living space and is situated on a desirable corner lot. The upper unit features 1 bedroom and 1 full bathroom and is currently tenant-occupied, generating $600 per month in rental income through 1/31/2027. The lower unit is vacant and offers 1 bedroom with the potential for a second bedroom with the addition of a closet, along with 1 full bathroom, making it ideal for an owner-occupant or an additional income-producing rental unit. Additional features include a detached 2-car garage, outdoor space, and the flexibility to maximize cash flow or offset living expenses. Whether you're looking to expand your investment portfolio or seeking a property that allows you to live in one unit while renting the other, this duplex presents a fantastic opportunity with built-in income potential.

Additional Information

Tenant Pays
Cable TV, Electricity, Deposit
Style
Traditional
Basement
Partial, Unfinished
Foundation
Block
Stories
2
Acres
0.19
Cooling
Window/Wall, None
Water
Public
Financing
None
Region
Grant County
School District
Marion Community Schools

Listing courtesy of Robert Ping from Ping Realty, LLC.

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Calculator source: Real Geeks

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.