812 8th Street SE, DeMotte, IN 46310
- $524,900
- 8
- BD
- 8
- BA
- List Price
- $524,900
- MLS#
- 843723
- Status
- ACTIVE
- County
- Jasper
- Listing Type
- Multifamily
- Year Built
- 1979
Property Description
Opportunity knocks! This fully occupied, four-unit apartment building is a great acquisition for your investment portfolio. Offered for sale by the original owner, the building is situated on an oversized corner lot and has been well maintained, including a brand-new roof installed in 2024.Each of the four units features a highly functional layout. The main floor offers a spacious living room, a half bath, dedicated laundry hookups, and an open kitchen equipped with a refrigerator, stove, and range hood. Sliding doors off the kitchen lead to a private rear patio. Upstairs, each unit provides two comfortable bedrooms and a full bathroom. Current rents are below market value, and all tenants are currently on month-to-month leases. This gives you the immediate opportunity to adjust rates or implement your own leasing structure to maximize cash flow . Multi-unit properties with this much upside and strong pride of ownership rarely hit the market--schedule your investment tour today!
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Additional Information
- Acres
- 0.84
- Property Type
- Residential Income
- Status
- ACTIVE
- Subdivision
- Hickory Lane Sub
Mortgage Calculator
Listing courtesy of Countryside Realty.
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