$37,900
MLS #: 10030626

Description of 25 N 16TH STREET, Richmond, IN 47374

Exceptional one of a kind 3 unit apartment building in a great location. This ready to go investment is in excellent shape with plenty of opportunity for growth potential. Showing a 19.7% cap rate rented with excellent long term investment opportunity that will pay dividends. Dual entries and exits, newer roof, and many original built-ins. This property is made up of one duplex, and a single family home on the same lot. This property is ready for your investment. Call or text Kyle Tom @ 765.220.0199 for your own private tour.

Property Features of 25 N 16TH STREET, Richmond, IN 47374

TYPE
Triplex
Year Built
1945
Community
Northeast
Stories
2
Acres
.15
Features
Elementary school: Charles
Middle school: Test
High school: Richmond
Gas water heater
Vinyl siding
Frame exterior
Porch
Lot acreage is: 0.15
Lot size: 45X141
Lot zoned: RESIDENTIAL
Cable television available
Asphalt roof
Shingle roof
Crawlspace
Partial basement
City sewer
City water
Units in building(s): 3
2 Bedroom units: 2
3 Bedroom units: 1
Square footage unit #1: 1642
Square footage unit #2: 712
Square footage unit #3: 1000
Total square feet: 1852
Rooms & Dimensions
Number of rooms: 7
Rooms in unit #1: 5
Rooms in unit #2: 4
Rooms in unit #3: 5
Bedrooms in unit #1: 2
Bedrooms in unit #2: 2
Bedrooms in unit #3: 2
Baths in unit #1: 1
Baths in unit #2: 1
Baths in unit #3: 1

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