Cash flowing investment opportunity. This well maintained triplex has 3 units currently rented. Unit 1 has 3 bedrooms with a possibility of a 4th plus a front office. It features hardwood floors, 2-car attached garage access, and laundry access in the basement. Unit 2 is on the main floor with 1 bedroom, carpeted and vinyl floors and laundry access. Unit 3 is upstairs with 2 bedrooms, carpet, hardwood, and vinyl floors. Owner currently pays for gas, water, sewer, and trash collection, while tenants pay for electricity. Each unit has it's own electric meter and two water heaters supply all three units. There is plenty of off street parking and a fenced in back yard.
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 2
Listing Office:
Office Name: North Eastern Group Realty
Office Phone: (260) 494-9490
Listing Agent: Ryan Blythe
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: None
School Info
Assigned Schools Information:
Bellmont Senior High School, Public District Grades 9-12
Bellmont Middle School, Public District Grades 5-8
Northwest Elementary School, Public District Grades 2-4
Other
Directions Information:
Directions: Turn east on Monroe Street off of 27. Property on right.
Price Information
Listing Price Info
Price Summary:
List Price: $164,900
Tax Information:
Annual Amount: $2,512
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Northwest Elementary School
1109 Dayton St
Distance between this listing and this school0.47 miles
Public District Grades 2-4
Middle School
4
/10
Bellmont Middle School
1200 Adams St
Distance between this listing and this school1.21 miles
Public District Grades 5-8
High School
8
/10
Bellmont Senior High School
1000 Adams St
Distance between this listing and this school0.31 miles
Public District Grades 9-12
Assigned Schools
3
/10
Northwest Elementary School
1109 Dayton St
Distance between this listing and this school0.47 miles
Public District Grades 2-4
Nearby Schools
5
/10
Adams Central Elementary School
222 W Washington St
Distance between this listing and this school5.84 miles
Public District Grades KG-5
4
/10
Heritage Elementary School
12009 Hoagland Rd
Distance between this listing and this school8.62 miles
Public District Grades KG-6
Assigned Schools
4
/10
Bellmont Middle School
1200 Adams St
Distance between this listing and this school1.21 miles
Public District Grades 5-8
Nearby Schools
6
/10
Adams Central Middle School
222 W Washington St
Distance between this listing and this school5.84 miles
Public District Grades 6-8
7
/10
South Adams Middle School
1212 Starfire Way
Distance between this listing and this school12.76 miles
Public District Grades 6-8
Assigned Schools
8
/10
Bellmont Senior High School
1000 Adams St
Distance between this listing and this school0.31 miles
Public District Grades 9-12
Nearby Schools
9
/10
Adams Central High School
222 W Washington St
Distance between this listing and this school5.84 miles
Public District Grades 9-12
4
/10
Heritage Jr/Sr High School
13608 Monroeville Rd
Distance between this listing and this school10.21 miles
The neighbors living near this home have an average income of $26,857. Residents of Adams County, IN typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 607 W Monroe St in Decatur, IN and zip code 46733. This home was built in 1900. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $164,900.
In March 2024 in Adams County, IN there were 172.7% more homes for sale than in February 2024. Listings spent 43 days on the market in March 2024, and had a median list price of $241,385 during the same period.
From Rocket Homes Real Estate and based on county public records data.