2408 Brown Street, Anderson, IN 46016
- $163,000
- List Price
- $163,000
- Price Change
- ▼ $5,000 1788997900
- MLS#
- 22124080
- Days on Market
- 8
- Status
- ACTIVE
Property Description
Investment opportunity! This triplex features a two-bedroom unit, a one-bedroom unit, and an efficiency apartment. Renovated in 2024 and recently fully leased for a combined $2,400 per month, the property offers strong income potential with minimal owner-paid expenses. Tenants responsible for all utilities and lawn care, owner pays monthly stormwater fee of $3.50. Two units are currently vacant, creating an excellent opportunity for an owner-occupant to house hack while generating rental income. A detached garage may also offer potential for conversion into an additional dwelling unit, subject to city approval. Qualified owner-occupants may be eligible for grant funds of up to $7,000 to which this address is eligible. Whether you're expanding your portfolio or looking to offset your housing costs, this versatile property is worth a look!
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Additional Information
- Expenses
- 42
- Foundation
- Block
- Stories
- Two
- Architecture
- Traditional
- Acres
- 0.13
- Region
- Anderson
Listing courtesy of Alyssa Burton from Inspired Realty
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