415 Constable Drive, Ellettsville, IN 47429

$425,000
List Price
$425,000
MLS#
21997971
Days on Market
45
Status
ACTIVE
Unit Rent
1: 930, 2: 750, 3: 1100
Unit Sqft
1: 2404, 2: 1372, 3: 720
Unit Primary Bedroom Sqft
1: 168, 2: 144, 3: 100
Unit Kitchen Sqft
1: 108, 2: 143, 3: 100

Property Description

Discover an excellent investment opportunity with so much potential! This three-unit investment property is situated on a spacious 0.5-acre lot, offering so many value-adding possibilities. Each unit is currently occupied by long-term tenants, ensuring a steady and reliable income stream. While this property is currently leased as 3 units, a 4th rental income could easily be added just by installing a door. Recent updates include a 75' section of sewer line, new sump pump (unit 419), new upstairs flooring insulation, windows and back door (unit 421). Located less than 10 minutes from the I-69 interchange and 15 minutes from IU's campus, this location is convenient, while providing a quiet, picturesque setting.

Additional Information

Expenses
7774
Tenant Pays
Cable TV, Electricity, Sewer, Trash Collection, Water
Owner Pays
Lawncare
Stories
One
Acres
0.50
Heat
Electric
Cooling
Central Electric
Region
Richland

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Barberry Realty.

Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®