$37,000
604 S Branson St, Marion, IN 46953
Current Rent **
N/A
Projected Rent **
$3,112
Unit 1 Details
- Current Rent:
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent:
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Unit 3 Details
- Current Rent:
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Unit 4 Details
- Current Rent:
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 3428 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Collect $3,112 in this 4 Units Quadplex in Marion, IN!
Opportunity is knocking!
Pick up this 4 Unit Quadplex in Marion, Indiana!
2-minute drive to Quilters Hall of Fame (Webster House)
4-minute drive to Grant County Fairgrounds
Close to Marion Municipal Airport
REHAB: ~$40-50k
ARV: $191,282
POTENTIAL PROFIT: $191 - 120k (Price + Rehab) = $71,000
RENT POTENTIAL: $3,112/month
PRO FORMA CAP: $64.34%!
Utilities: Owner pays for water, sewer, and gas while tenants pay for trash removal and electricity.
Location:
604 S Branson St, Marion, IN 46953
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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