Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!
Sold
$205,000
602 Hutchins Ave, Columbus, IN 47201
5beds
4baths
--sqft
Multi Family
Built in 1895
-- sqft lot
$215,000 Zestimate®
$--/sqft
$1,025 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2024 at 11:40am
Listing Provided by:
Candace Hester 317-509-6680,
eXp Realty LLC
Bought with:
Candace Hester
eXp Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 21999918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Features
- Basement: Cellar
Property
Parking
- Parking features: None, Detached
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
Details
- Parcel number: 039619310010400005
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1895
Community & neighborhood
Location
- Region: Columbus
- Subdivision: Original Town Of Columbus
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$215,000
2% more+$4,300
With Zillow Showcase(estimated)$219,300