MLS #: 10034837

Description of 122 S 16TH STREET, Richmond, IN 47374

This is an amazing investment opportunity! This beautiful historic home has 3 apartments with the main apartment possibly being owners suite. It features gorgeous handcrafted wood work, winding stair case, classic built-in china cupboards, pocket doors, newly remodeled kitchen and bath. The Owners Suite (front unit) has 2 large bedrooms, laundry, and approximately 1,500 sq. feet on two levels. This unite last rented monthly for $625.00 and had the same tenant for 7 years. Unit #2 (124) is also a lower unit with one bedroom, 1 bath, and lots of beautiful wood work as well, approx.. 750-800 sq. feet. Currently tenants rights $385.00 month (this tenant has been there 3 years and would like to stay. Unit #3 (124 1/2) Up-stairs unit, very private, approx.. 900-1,100 sq. feet. 2 bedroom, 1 bath, rents $465.00/12 month lease, again tenants rights. This tenant has access to a full walk-in attic. With little effort this home could easily be transferred back to a single family home with approx.. 3,500 sq. feet. There is also a large 24x26 car garage. Central air on the main level. Please call us for more information or to discuss all the possibilities this home can offer. Rhonda or Marc Duning 765-967-7466.

Property Features of 122 S 16TH STREET, Richmond, IN 47374

Year Built
Elementary school: Vaile
Middle school: Test
High school: Richmond
Central air
Gas water heater
Garage dimension is: 24X26
Detached garage
Vinyl siding
Frame exterior
Lot acreage is: 0.19
Lot size: 66X127
Cable television available
Asphalt roof
Partial basement
Concrete driveway
City sewer
City water
Units in building(s): 3
1 Bedroom units: 2
2 Bedroom units: 1
Square footage unit #1: 1500
Square footage unit #2: 800
Square footage unit #3: 1100
Total square feet: 3530
Rooms & Dimensions
Number of rooms: 12
Rooms in unit #1: 5
Rooms in unit #2: 3
Rooms in unit #3: 4
Bedrooms in unit #1: 2
Bedrooms in unit #2: 1
Bedrooms in unit #3: 1
Baths in unit #1: 1
Baths in unit #2: 1
Baths in unit #3: 1

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