$89,900
For Sale

711 W 22nd Street

Anderson, IN 46016
Listing OfficePillario Property Management LLC
Browse 15 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

**Investor Special! Duplex Opportunity in Anderson, Indiana** Unlock the potential with this income-producing duplex in the heart of Anderson! This property offers: - **Unit 1**: A spacious 2-bedroom, 1-bathroom layout with the potential to add a 3rd bedroom for increased rental value. It also features basement access, where old plumbing for a full bathroom, including a shower, presents an opportunity for future upgrades or additional living space. - **Unit 2**: A cozy 1-bedroom, 1-bathroom unit, perfect for stable rental income. The property generates $1,000/month in gross rent, with room to increase income through updates and reconfigurations. Additional highlights include a 2-car garage, ideal for tenant storage or added rental appeal. Tenants pay all utilities. This property is perfect for savvy investors looking to maximize ROI in a growing rental market.

  • Property Details
      • School DistrictAnderson Community School Corp
      • Elementary SchoolValley Grove Elementary School
      • Middle SchoolHighland Middle School
      • High SchoolAnderson High School
      • Property TypePurchase
      • SubdivisionWoodlawn
      • MLS #22022153
      • MLS #22022153
      • CountyMadison
      • Original List Price$89,900
      • Property SubtypeDuplex
      • Cost89900
      • Acres0.05
      • Year Built1923
      • Parking Spaces2

Location

Bernie GoodmanGoodman Group

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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