BEDS0
BATHS
MLS#22127136
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNo Subdivision
Property Description
Excellent investment opportunity at 1627 Brown St in Anderson! Centrally positioned in Anderson. This recently renovated 4-unit apartment building offers immediate rental income along with additional upside potential. The property features four 1-bedroom, 1-bath units, with three units currently occupied and one unit vacant. Current gross rental income is approximately $1,625 per month, with the potential for significantly higher income once the vacant unit is leased and rents are optimized. This an attractive opportunity for an investor looking for a multifamily property with improvements already completed. With four income-producing units under one roof, recent improvements, current rental income, and additional income potential, this property offers a strong opportunity to add a multifamily asset to your portfolio. Don't miss this 4-unit investment property!
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.10 Acres
Taxes: $2,042
Year Built: 1965
Feature Descriptions
Days on Site: 8
Exterior: Vinyl Siding
ExteriorFeatures: Other
Listed By / Shown By
Listed By
Agency Name: Keller Williams Indy Metro Partners
Agency Phone: 317-882-5900
Shown By
Agent Name: Jared McCormick
Agent Phone: (317) 340-4636
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,135.37 per month $917.37 Principal & Interest $170.17 Property Tax $47.83 Homeowner's Insurance
1627 Brown Street | MLS# 22127136
This multi-family property located at 1627 Brown Street , Anderson, IN 46016 is currently listed for sale with an asking price of $164,000. Search Anderson real estate on jaredmccormick.ikeyrealty.com today.