Collect $16,500 a Year on This Super 2-Unit Apartment Complex in Lebanon, IN. Amazing LOW Price – Motivated to Sell! AT THIS LOW PRICE, THIS IS A PERFECT STARTER PROPERTY – PERFECT FOR A STARTER RENTAL, TOO! • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single - family units? For less than the price of most Single Family Homes, you can have 2 or even 3 income-producing units! PRICED TO MOVE QUICKLY: $64,800 This property is part of a 10-unit portfolio being offered by the same seller. Can be sold together or separately. (SFH, duplex, triplex, and 4-plex) Potential Income from all 10-units $4,986.00 p/month. ARV for all 10-units: $347,200 Buyers Equity: $74,200.00 Priced at $280,800.00 • $16,500 estimated annual NOI ? Stable investment property. ? Duplex - side by side 2 bed / 2 bath units ? Stable occupancy with opportunity for rent increases and further value creation ? Value in this property is in the cash flow. ? No need to rehab until tenants move out. ? Tenants pay for all utilities. This is an off-market deal that is being offered before it goes to the nationwide market on November 1, 2016. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 765-433-4449 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 765-433-4449 and speak ONLY your name & email – a packet will be emailed within 10 minutes
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
