$125,000
Income generating triplex with office front located near downtown Marion and upcoming River Front District! All three (3) units are currently rented and the office is currently used for the owner's needs. Unit 1 is a nice two (2) bedroom apartment on the main level that brings in $600/month. Unit 2 is an efficiency located on the back side of the property currently rented for $210/week. Unit 3 is a large four (4) bedroom on the second level with a nice open deck and back entrance with stairs. Currently rented for $225/week. Unit 4 (office) provides 434sq. ft. of office and storage space and includes a half bath. Don't miss out on your chance to own a high-return investment property in a promising location with a very bright future!
From Nebraska Street, turn east onto W 2nd Street and property will be on the left
MLS # | 202502293 |
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Date Listed | 2025-01-24 |
Status | Active |
Property Type | Investment |
Property SubType | Triplex |
Finished Square Feet | 2932 sqft |
Total Square Feet | 3530 sqft |
New Construction | No |
Style | Two Story |
Type | Triplex |
Basement | Yes |
Bedrooms | 6 |
Bathrooms | 5 (4 Full, 1 Half) |
Year Taxes Payable | 2024 |
Year Built | 1900 |
Days on Market | 8 |
Living Room | 1 × 0 | Level |
Dining Room | 1 × 600 | Level |
Family Room | 210 × 225 | Level |
4th Bedroom | 5 × | Level |
5th Bedroom | 3 × 3 | Level |
Full Baths | 6 Main |
Construction | Triplex |
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Lot Size | 4,356 sq ft |
Acreage | 0.10 Acres |
Lot Dimensions | 64x66 |
Fence | None |
Area | Grant County |
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County | Grant |
Subdivision | None |
Township | Center |
City | Marion |
State | IN |
Zip | 46952 |
School District | Marion Community Schools |
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Elementary | Riverview/Justice |
Middle School | McCulloch/Justice |
High School | Marion |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202502293
IDX information provided by the Indiana Regional MLS.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Caleb Oliver
J Meyer Real Estate Services, Inc
Cell: 765-667-5362
Listing updated January 24, 2025 at 1:15 pm
Last checked 5 minutes ago