$24,900
MLS #: 10035133

Description of 409 S 14th street, Richmond, IN 47374

Exceptional opportunity to own 2 rental units on a quiet street in the heart of Richmond's southeast side. You'll be amazed when you walk-in and see the minimal work needed on this 2-unit investment property. If cash flow is what you are looking for you've found your match, with two 3 bedroom units this property has a gross cash flow of nearly $13,000.00 a year and a cap rate of nearly 22%. Perfect investment for first time investor or a seasoned investor. This property needs some updates, but is perfect for the sweat equity investor. Call or text Kyle Tom today @ 765.220.0199 for your private tour or visit kyletom.com for additional details.

Property Features of 409 S 14th street, Richmond, IN 47374

TYPE
Duplex
Year Built
1910
Community
Southeast
Stories
2
Acres
.16
Features
Elementary school: Vaile
Middle school: Test
High school: Richmond
Electric water heater
Garage dimension is: 20X24
Detached garage
Off street parking
Aluminum siding
Frame exterior
Porch
Lot acreage is: 0.16
Lot size: 42X165
Lot zoned: RESIDENTIAL
Cable television available
Asphalt roof
Shingle roof
Unfinished basement
Full basement
City sewer
City water
Units in building(s): 2
3 Bedroom units: 2
Square footage unit #1: 1624
Square footage unit #2: 1624
Total square feet: 3248
Rooms & Dimensions
Number of rooms: 14
Rooms in unit #1: 7
Rooms in unit #2: 7
Bedrooms in unit #1: 3
Bedrooms in unit #2: 3
Baths in unit #1: 1
Baths in unit #2: 1

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