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Listed by Justin Lowe • Ellsbury Commerical Group
$ 180,000
Est. payment | /mo
8,712 Sqft Lot
$ 180,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22055419
Year Built 1945
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Triplex
Property Description
Unlock your financial future with this exceptional, cash-flowing triplex in a thriving Marion, Indiana market. Perfect for seasoned investors looking to expand their portfolio or a first-time investor seeking a powerful house-hacking opportunity, this property is a turnkey solution for building wealth. Investment Highlights: Immediate Positive Cash Flow: This triplex is a rare find, generating income from day one with its fully rented units. Multiple Income Streams: With three separate units, your investment is diversified, reducing the risk of vacancy and providing consistent, reliable income. Ideal for House Hacking: Live in one unit while your tenants pay down the mortgage on the other two, dramatically reducing or even eliminating your housing costs. Strong Local Rental Market: Marion, IN is a seller's market with increasing home values and strong demand for rentals, ensuring your property remains a valuable asset. Built-in Equity Growth: As your tenants' rent payments cover the mortgage, you'll be building equity every month, creating a powerful long-term wealth-building engine. Strategic Location: Situated in a desirable Marion neighborhood, the property is close to local amenities, schools, and major employers, making it highly attractive to quality tenants.
Location
State IN
County Grant
Interior
Cooling Window Unit(s)
Fireplace N
Building
Story One
Structure Type Brick,Stone
New Construction false
Schools
School District Marion Community Schools
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Lorie Blythe
REALTOR® | Lic# RB18001966