1 of 4 Show All

46953

Marion, Indiana 46953

  • 4 beds
  • 4 baths
  • 3168 sqft

Description

๐Ÿ”จ ๐—ค๐˜‚๐—ฎ๐—ฑ๐—ฝ๐—น๐—ฒ๐˜… ๐Ÿ”จ ๐™ƒ๐™–๐™ฃ๐™™๐™ฎ ๐™ˆ๐™–๐™ฃ ๐™Ž๐™ฅ๐™š๐™˜๐™ž๐™–๐™ก ๐Ÿ”จ 35.53% ๐—–๐—ฎ๐—ฝ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—™๐—ผ๐—ฟ๐—บ๐—ฎ ๐Ÿ”จ ๐— ๐—ฎ๐—ฟ๐—ถ๐—ผ๐—ป, ๐—œ๐—ก ๐Ÿ”จ

Click Here to Get this Deal

If you are interested in taking the next step, you must click the button above.

4 bedrooms, 4 baths, 3168 sqft. Built in 1900. Lot 0.27 acres.
 

Click Here For Walkthrough Video

 

Excellent opportunity to purchase a four unit multifamily property in Marion IndianaThis one needs some TLC, but it is priced well below area market comps!.  Once rehabbed, all four of the 1 bedroom 1 bath units could rent for $557 a month, bringing in a gross monthly rent total of $2,228! Each unit is separately metered.  Post rehab and rented out at market rent levels, this property could be performing at a 35.53% Pro Forma Cap Rate

 

This one needs roof repair, water heaters, basic cosmetic repair and might possibly have some basement structural issues, but this has not been confirmed by an engineer. Please watch the walkthrough video to get a good idea of the current condition. 

 

This quadplex investment property won't last long!

 

If you are interested in this deal, CLICK THE BUTTON ABOVE TO GET THIS DEAL.

 

Larry Keith

+19722443292

larry@fivestreamventures.com

Click Here to Get This Deal

Features

Property Facts

  • Purchase Price : $ 61K
  • After Repair Value : $ 119K
  • Property Type : Multi Family
  • Deal Type : Wholesale Deal
  • Year Build : 1900
  • Parking : Attached Garage
  • Lot Size : 11761 sqft
  • Zoning : Yes

Nearest Airport

Map

User Listings 414

$ 140K
ARV: $ 200K
Muncie, Indiana
8 months ago
$ 4M
ARV: $ 4M
Cumming, Georgia
7 months ago
$ 8M
ARV: $ 11M
Jennings, Louisiana
7 months ago

$ 61K

ARV : $ 119K
Posted By Off-Market Deals Guy 05:46 PM 15 Jun 2022