$205,000
$239,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
602 Hutchins AVE Columbus, IN 47201
4,791 Sqft Lot
Key Details
Sold Price $205,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Original Town Of Columbus
MLS Listing ID 21999918
Sold Date 11/04/24
Year Built 1895
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!
Location
State IN
County Bartholomew
Rooms
Basement Cellar
Interior
Fireplace N
Building
Story Two
New Construction false
Schools
School District Bartholomew Con School Corp
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© 2024 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.