$85,000
515 E North A St, Gas City, IN 46933
Current Rent **
$1,200
Projected Rent **
$1,809
Unit 1 Details
- Current Rent: $400
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 764 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent: $400
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 764 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 3 Details
- Current Rent: $400
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 764 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
3 Unit Triplex in Gas City, Indiana!
Discover this exceptional investment opportunity in Gas City, Indiana, nestled within a peaceful Class C residential neighborhood. This property capitalizes on the stable rental demand in the area, ensuring a reliable income stream for investors.
All three units are fully occupied! Each unit features 1 bedroom and 1 bathroom. Electricity and gas are separated, so tenants pay. 17.40% Pro Forma Cap Rate!
Don't let this one slip away at only $85k!
Seize the opportunity to add this promising property to your portfolio today!
Location:
515 E North A St, Gas City, IN 46933
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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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