Listing courtesy of Steve Lukemeyer from F.C. TUCKER EMGE. Office: 812-482-1424
This package investment opportunity includes two houses, a five-plex, and a detached garage. Per the information on the county property record card, 928 W. Division Rd. is a one-story, 2-bedroom, 1-bathroom home built in 1954, and is 1152 sq. ft. The five-plex is 4,500 sq. ft., built in 1966, and needs to be completely remodeled. Note that the entrance to one of the units is up the stairs on the west side of the building, where you will find a 1-bedroom, 1 bathroom unit. On the main floor you will find two 2-bedroom, 1 bathroom units. Around back in the basement, there are two 1-bedroom, 1-bathroom units and a utility room on the west end. 996 W. Division Rd. is another one-story, 2-bedroom, 1-bathroom home built in 1954, with 2436 sq. ft., based on the property record card. Lastly, in back, you will find a 30' x 40' detached garage, which could be used by a tenant, or used as a separate rental. Buyer will have the opportunity to inspect all units following a signed purchase agreement, but in an effort to not cause a lot of interruption to the tenants, prospective buyers may view the five-plex only.
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