4
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Listed by Justin Lowe • Ellsbury Commerical Group
$120,000
Est. payment /mo
1,742 Sqft Lot
New
413 S Grove ST Marion, IN 46953
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22055403
Year Built 1896
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Duplex
Property Description
Discover a rare opportunity to acquire a fully stabilized duplex in Marion, Indiana. This property is a testament to hands-on management and a strong local rental market, offering investors a reliable and consistent source of income from day one. Investment Highlights: 100% Occupancy: This duplex is currently fully leased with well-vetted tenants, eliminating the risks and costs associated with vacancies and tenant placement. Proven Income: With its history of stable occupancy and rent collection, this property provides a predictable cash flow, making it a low-stress addition to any investment portfolio. Ideal for Passive Investors: The stabilized nature of this duplex means you can step into a fully operational asset, minimizing the initial legwork and maximizing your returns. Turnkey Condition: Meticulously maintained and in excellent condition, this property requires minimal immediate capital expenditure, allowing you to focus on the returns. Robust Marion Market: Marion's real estate market is on the rise, with strong demand for rentals and a positive trend in property values. This investment is positioned for both immediate income and long-term appreciation.
Location
State IN
County Grant
Interior
Heating Natural Gas
Fireplace N
Building
Story Two
New Construction false
Schools
School District Marion Community Schools
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