This is a solid positive cash flow property. This 5-plex would be a great starter investment property or a great addition to your investment portfolio. Each unit is a 1 Bedroom and 1 bath. All units are currently occupied and the total monthly rental income is $3470. The facility also includes a common area coin operated washer and dryer area. Plenty of available parking. Call today to schedule a showing.
Sold for $195,000 on 11/30/23
$195,000
1120 Highway 150 NW, Palmyra, IN 47164
5beds
3,502sqft
Single Family Residence
Built in 1975
1.52 Acres Lot
$305,900 Zestimate®
$56/sqft
$2,962 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 01, 2023 at 09:57am
Listed by:
Robert Denison,
Bridge Realtors
Bought with:
Talbott Manecke, RB14046785
Forman Jones & Assoc REALTORS
Source: SIRA,MLS#: 202308958
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 14 x 15
Bedroom
- Level: First
- Dimensions: 7 x 10
Bedroom
- Level: First
- Dimensions: 10 x 13
Bedroom
- Level: First
- Dimensions: 12 x 10
Other
- Level: First
- Dimensions: 12 x 10
Other
- Level: First
- Dimensions: 10 x 5
Other
- Level: First
- Dimensions: 8 x 4
Other
- Level: First
- Dimensions: 5 x 4
Other
- Level: First
- Dimensions: 8 x 5
Kitchen
- Level: First
- Dimensions: 10 x 14
Kitchen
- Level: First
- Dimensions: 14 x 14
Kitchen
- Level: First
- Dimensions: 8 x 6
Kitchen
- Level: First
- Dimensions: 15 x 15
Living room
- Description: Unit 3, Rents for $650
- Level: First
- Dimensions: 15 x 15
Living room
- Description: Unit 5, Rents for $700
- Level: First
- Dimensions: 15 x 13
Living room
- Description: Unit 1, Rents for $720
- Level: First
- Dimensions: 18 x 11
Living room
- Description: Unit 2, Rents for $700
- Level: First
- Dimensions: 15 x 15
Other
- Description: Unit 4, Rents for $700 - Foyer
- Level: First
- Dimensions: 9 x 9
Other
- Description: Area
- Level: First
- Dimensions: 19 x 20
Heating
- Baseboard, Forced Air, Heat Pump, Other
Cooling
- Central Air, Window Unit(s), WallWindow Unit(s)
Appliances
- Laundry: Main Level, Other
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,502
- Total interior livable area: 3,502 sqft
- Finished area above ground: 3,502
- Finished area below ground: 0
Property
Parking
- Details: Other
Lot
- Size: 1.52 Acres
Details
- Additional parcels included: 310223200016000001
- Parcel number: 310223200017000001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & neighborhood
Location
- Region: Palmyra
Other
Other facts
- Listing terms: Cash,Conventional
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$305,900
2% more+$6,118
With Zillow Showcase(estimated)$312,018