Investor Alert – 125 E Johnson St, Wolcott Now priced at $135,000, this spacious 3-bedroom, 2-bath home offers over 1,850 sq. ft. of living space and strong income-producing potential. With estimated rents around $1,400/month, the reduced price point boosts the projected cap rate into the double digits, making this an attractive buy-and-hold opportunity. Originally built in 1908, this two-story residence blends historic character with functional updates. Features include an attached 2-car garage, partial basement, generous room sizes, and a comfortable floor plan ideal for tenants. Recent improvements—new roof (2022, transferrable 30-year warranty) and new windows (2023, transferrable 20-year warranty)—help lower future maintenance costs. The property sits on a manageable lot in a quiet neighborhood, just steps from Tri-County schools and minutes from local conveniences. With low property taxes and steady rental demand in the area, investors can expect strong cash flow potential and long-term stability. Whether you’re seeking a reliable addition to your rental portfolio or a versatile property with upside, 125 E Johnson St delivers value at its new reduced price. Schedule your showing today!
Active
Price cut: $15K (10/15)
$120,000
125 E Johnson St, Wolcott, IN 47995
3beds
1,856sqft
Est.:
Single Family Residence
Built in 1908
0.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generous room sizesHistoric characterPartial basementManageable lotComfortable floor planQuiet neighborhoodFunctional updates
- 62 days |
- 1,057 |
- 69 |
Likely to sell faster than
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