130 W North Street
Tipton, IN 46072
0.16 acres | #22014296
Description
Turn Key Investment property. This well-maintained updated 4-plex offers an excellent investment opportunity with established, long-term tenants providing steady income. 3 tenants are on month-to-month leases, and one has a lease through 4/2025 allowing flexibility for new ownership decisions. Strong rental demand in this area ensures high occupancy. The property has easy access to US 31. Whether you're a seasoned investor or just starting, this property presents an ideal opportunity for reliable income with growth potential. All units include washers, dryers, refrigerators, and oven ranges. Recent updates include a New roof in 11/2024, a New HE commercial-grade water heater, and a New HE commercial-grade boiler heater.
Property Details
- Lot DescriptionCurbs, Not In Subdivision, Sidewalks
- School DistrictTipton Community School Corp
- FoundationConcrete Perimeter, Slab
- Elementary SchoolTipton Elementary School
- Middle SchoolTipton Middle School
- High SchoolTipton High School
- Property ConditionUpdated/Remodeled
- Exterior MaterialsNot Applicable
- Property TypeMulti-Family
- SubdivisionBlounts Add
- Structure TypeQuadruplex
- Original List Price$389,900
- MLS #22014296
- Property SubtypeFourplex
- MLS #22014296
- BasementPartial
- CountyTipton
- Cost389900
- Acres0.16
- Year Built1920
Location
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Last Updated: . Source: MIBOR
Listing Courtesy
Listing Agent: Shaquenta Purdie (#MBR31920)
Listing Office: Carpenter, REALTORS® (#MBRCARP20)
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