Open the door to a unique investment opportunity with this magnificent 7-plex property. Offering a compelling blend of capacity and potential with ten well-constructed bedrooms and seven convenient bathrooms sprawled across an impressive 5209 square feet of living space. This is an ideal investment prospect that's waiting for the right investor to capitalize on.
This multi-unit property bursts with potential. Each of the six rented units comprises a comfy bedroom and a functional bathroom. Five of these units bring in between $700 and $850 each month, with one unit generating a cool $1,000, ensuring a steady cash flow.
In addition, a rear single-family home stands vacant, longing for a few improvements to make it shine. It snaps up extra attraction with three spacious bedrooms and one bathroom, which, when fully rented, could bring in an additional $1,300 each month.
The property extends over 0.19 acres of land, providing ample space for future improvements or expansions. Nested in a thriving community, it offers a short commute to multiple points of interest within Kokomo and Anderson, Indiana, positioning your tenants in the heart of it all.
Unlock the potential of this property and ride the wave of a thriving real estate market. This is more than just an exceptional property—it is a springboard for financial success and the creation of a strong and diversified investment portfolio. Whether you're an experienced investor or looking to dip your toes in the pool of real estate, this property provides a gateway to rewarding rental yield. With the right strategy, this property has the prospects to be transformed from impressive to exceptional!
Where it's located
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