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220-222 S 48Th St

By Owner
RICHMOND, IN, 47374
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Property Description

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4 Bedrooms

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4.0 Baths

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2,544 SQ FT

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0.28 Acres

$259,000

About this home

Capture the essence of a lucrative investment opportunity with this rental property. Boasting an impressive annual income of $31,200, this property speaks volumes of viable returns. The comfort for both tenants and owners is also well accounted for with state-of-the-art HVAC systems in both units along with newer Washer/Dryer sets. One unit offers stable returns with the current tenant already having expressed the intention to renew their lease for an additional year, expectedly starting in November. The versatility in tenancy for the second unit is perfect for budding investors, offering the options of either moving into it or extending the lease for another year with the tenant who is currently on a month-to-month arrangement. The property encapsulates a total of 4 bedrooms and 4 bathrooms within its generously spread 2544 square feet of space. All these features combining beautifully on the 0.28 acres that the property proudly stands on. Whether you're an investor seeking steady income or desiring the ideal home with a rental attached, the true value of this property is clear. Transcend traditional homeownership, recognize the potential of this opportunity, and take the reins on your financial future.

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