Great Opportunity to Buy and Hold!
317 S Cullen St, Rensselaer, IN, 47978
DUPLEX PROPERTY
IN RENSSELAER, INDIANA
PRICE: $157,000
ARV: $172,400
Actual Rent: $1,350/Month
Potential Rent: $1,700/Month
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Unit Mix:
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One 1BR/ 1 Bath Unit
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One 2BR/ 1 Bath Unit
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Occupancy: 100% Occupied
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Current Rents: $700/month and $650/Month
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Market Rents: $850/Unit
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Taxes: $1,300/Year
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Insurance: $1,000/Year
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Utilities: Tenants pay for all utilities.
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Building Square Footage: 1,638 sq ft
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Lot Size: 7,187 sq ft
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Year Built: 1910
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Management: Currently self-managed, but an excellent local property management company is ready to step in and manage this one for the next owner.
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Sales Comps: 15k Below average sales comps.
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Due Diligence: While we do our best to get all the relevant information to you, buyers are encouraged to do their own due diligence. (See Important Disclosures Below)
TEXTING IS THE FASTEST WAY TO GET A HOLD OF US!
If you have any questions about this property, please contact:
Primary Contact: Larry Keith (463) 240-1822
Important Disclosures Five Stream Ventures, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is to do their own independent due diligence. All properties are sold as is, where is with no warranties or representations expressed or implied. Five Stream Ventures, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers.