Income Producing! Perfect Investor Opportunity! Three-unit investment property in the center of town. Just minutes from shopping, grocery, hospital and downtown. The main house consists of one unit downstairs with 3 bedroom and 1 bath. Upstairs unit consists of 1 bedroom and 1 bath. Each has their own separate entries. Unit 3 is separate carriage house/garage apartment. There is a nice size laundry room with the downstairs unit that could easily be accessible to all three units.

Architectural Style Traditional Driveway None Exterior Shingle Fence None Location City/Town/Suburb Lot Description Corner Lot Dimensions 44 X 132 Outbuilding None Parking GarageStreet Parking Spaces 3 Pool YN No Road Access City Road Surface Asphalt Roof Material AsphaltShingle Sea Wall Type None Style Two Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type Attached Water Features None Waterfront YN No

Above Grade Bedrooms 5 Above Grade Finished Sqft 1960 Above Grade Unfin Sq Ft 1960 Amenities BasementCeiling FanCable AvailableCeiling-9+Countertops-LaminateDetector-SmokePorch CoveredWater Heater GasWasher Hook-Up Basement Foundation CrawlPartial Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 360 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetVinyl Heating Fuel GasForced AirWall Heater Main Level Sq Ft 1256 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 360 Total Sq Ft 4280 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit1 Sq Ft 1256 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 704 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 432 Upper Level Sq Ft 704 Wash Dry Hookups 1 Washers 0

Annual Electric Expense 5188 Annual Fuel Expense 0 Annual Gross Rent 17662 Annual Insurance Expense 840 Annual Maint Expense 3044 Annual Misc 0 Annual Net Income 5906 Annual Property Tax 1139 Annual Trash Expense 0 Annual Water Sewer Exp 1545 Assoc Dues Frequency Not Applicable Assoc Restrictions YN No Auction Y / N No Cable Company Brighthouse NetworksDirectTVDish NetworkSpectrum Cross Street 1ST Documents Available LBP FormSellers Disclosure Efficiencies 0 Electric Company AEP/I&M Electric Meters 3 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company CenterPoint Energy Gas Meters 3 Gross Monthly Income 1472 Gross Monthly Rent 2165 Inside City Limits Yes Lease Term Month to Month New Construction No One Bedrooms 3 Owner Pays Building InsuranceElectricHeatingLawn MaintenanceMaintenanceSewerTaxTrash CollectionWater Owner Real Estate License YN Yes Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Tenant Pays Cable Three Bedrooms 0 Township Center Two Bedrooms 0 Unit1 Unit Rent 875 Unit1- Currently Rntd Y / N No Unit1- Garage Y / N No Unit2 Unit Rent 645 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Unit3 Unit Rent 645 Unit3- Currently Rntd Y / N Yes Unit3- Garage /#of Cars 1 Unit3- Garage Y / N Yes Units Rented 1 Water Company Marion Utilities Water Meters 1 Water Utility City Year Taxes Payable 2024

Listing provided by Joe Schroder of RE/MAX Realty One: Main: 765-454-7300.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Carole King Team.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Carole King Team. Data last updated: 2024-12-02T11:29:16.333.

705 W 2ND Street

Description

School Information

Description

Monthly Payment Calculator

705 W 2ND Street Marion, IN 46952

Property Description

Architectural Style	Traditional
Driveway	None
Exterior	Shingle
Fence	None
Location	City/Town/Suburb
Lot Description	Corner
Lot Dimensions	44 X 132
Outbuilding	None
Parking	Garage Street
Parking Spaces	3
Pool YN	No
Road Access	City
Road Surface	Asphalt
Roof Material	Asphalt Shingle
Sea Wall Type	None
Style	Two Story
Unit1 Garage Type	None
Unit2 Garage Type	None
Unit3 Garage Type	Attached
Water Features	None
Waterfront YN	No

Above Grade Bedrooms	5
Above Grade Finished Sqft	1960
Above Grade Unfin Sq Ft	1960
Amenities	Basement Ceiling Fan Cable Available Ceiling-9+ Countertops-Laminate Detector-Smoke Porch Covered Water Heater Gas Washer Hook-Up
Basement Foundation	Crawl Partial Basement
Basement Material	Block
Basement YN	Yes
Below Grade Baths	0
Below Grade Bedrooms	0
Below Grade Finished Sqft	0
Below Grade Unfin Sq Ft	360
Cooling	None
Dishwashers	0
Disposals	0
Dryers	0
Flooring	Carpet Vinyl
Heating Fuel	Gas Forced Air Wall Heater
Main Level Sq Ft	1256
Microwaves	0
Ranges Ovens	3
Refrigerators	3
Rooms Below Grade	0
Total Baths	3
Total Below Grade Sqft	360
Total Sq Ft	4280
Unit1 Basement YN	Yes
Unit1 Bathrooms	1
Unit1 Bedrooms	3
Unit1 Sq Ft	1256
Unit2 Basement YN	No
Unit2 Bathrooms	1
Unit2 Bedrooms	1
Unit2 Sq Ft	704
Unit3 Basement YN	No
Unit3 Bathrooms	1
Unit3 Bedrooms	1
Unit3 Sq Ft	432
Upper Level Sq Ft	704
Wash Dry Hookups	1
Washers	0

Annual Electric Expense	5188
Annual Fuel Expense	0
Annual Gross Rent	17662
Annual Insurance Expense	840
Annual Maint Expense	3044
Annual Misc	0
Annual Net Income	5906
Annual Property Tax	1139
Annual Trash Expense	0
Annual Water Sewer Exp	1545
Assoc Dues Frequency	Not Applicable
Assoc Restrictions YN	No
Auction Y / N	No
Cable Company	Brighthouse Networks DirectTV Dish Network Spectrum
Cross Street	1ST
Documents Available	LBP Form Sellers Disclosure
Efficiencies	0
Electric Company	AEP/I&M
Electric Meters	3
Exemptions	No Exemptions
For Sale Or Rent	For Sale
Four Bedrooms	0
Gas Company	CenterPoint Energy
Gas Meters	3
Gross Monthly Income	1472
Gross Monthly Rent	2165
Inside City Limits	Yes
Lease Term	Month to Month
New Construction	No
One Bedrooms	3
Owner Pays	Building Insurance Electric Heating Lawn Maintenance Maintenance Sewer Tax Trash Collection Water
Owner Real Estate License YN	Yes
Pet Restrictions YN	No
Planned Unit Dev YN	No
Property Sub Type	Triplex
Proposed Financing	Cash Conventional
Reo YN	No
Sale Includes	Building
Sewer	City
Tenant Pays	Cable
Three Bedrooms	0
Township	Center
Two Bedrooms	0
Unit1 Unit Rent	875
Unit1- Currently Rntd Y / N	No
Unit1- Garage Y / N	No
Unit2 Unit Rent	645
Unit2- Currently Rntd Y / N	No
Unit2- Garage Y / N	No
Unit3 Unit Rent	645
Unit3- Currently Rntd Y / N	Yes
Unit3- Garage /#of Cars	1
Unit3- Garage Y / N	Yes
Units Rented	1
Water Company	Marion Utilities
Water Meters	1
Water Utility	City
Year Taxes Payable	2024