SPECIAL PROPERTY IN MARION, INDIANA

$49,000 Rehabbed and Complete Price
110 N. NEBRASKA
Marion, IN
3-PLEX
Seller Financing with 10K Down offered

This triplex is an absolute cash cow.  One is a 2 bedroom and the other two are 1 bedroom units.  It is walking distance to the Major Regional Medical Center and downtown Marion.  The 2 bedroom unit rents for $400.00 and the 1 bedroom units for $300.00 giving this $1,100.00 a month in gross rental income.  Each unit has its own private entrance.  It has a new roof and new vinyl siding.  Water and garbage for the whole complex is $35.00 per/mo.  Taxes $1,579.60 annual / Insurance $350.00 annual.  ROI 21.66%

           


$44,000
Rehabbed and Complete Price
1111 E. 33rd Street
Marion, IN

This house has a new roof, new vinyl siding, new windows and was rehabbed inside for retail.  It would make a great long term cash flow rental with little or no maintenance and will always stay rented according to the property manager.  Midwestern Americana here.  This a 3 bed, 1.5 baths, 1505 SF, Built in 1938.  Currently rented for $650 per month.  Taxes are $1,091.06 annual / Insurance $350.00 annual.  ROI 12.68%

    


$35,000
1201 W. 10th
Muncie, IN

House needs minor cosmetics.  Will rent for $500 a month and will stay rented as these houses are in high demand.  Fantastic  local property manager will take care of prop turnkey.   New kitchen and flooring. Huge lot and garage.  Taxes $915.40 annual / Insurance $350.00 annual.  ROI 11.81%.

  

  

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