305 S Clay Street, Claypool, IN 46510

$129,900
4
BD
2
BA
1,728
SqFt

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List Price
$129,900
Status
ACTIVE
MLS#
202630280
Days on Market
2
Style
Two Story
Year Built
1999
Days On Market
2
Bedrooms
4
Bathrooms
2
Living Area
1,728
Above grade
1728
Township
Clay

Property Description

Fully Vacant Duplex – Investor Opportunity! Attention investors and owner-occupants! This fully vacant up/down duplex offers the perfect opportunity to set your own rents or live in one unit while generating income from the other. Each spacious unit features 2 bedrooms, 1 bathroom, and approximately 864 square feet of living space. Both units include refrigerators, stoves, and laundry hookups, while the upstairs unit also includes a dishwasher and a second interior stairwell for proper egress. The utilities are completely separated (minus water and sewer), making this an attractive property for tenants. The upstairs unit is all electric with baseboard heat, and the downstairs unit has gas and electric service with a gas furnace. The property has recently become 100% vacant and needs some minor updates to be rent-ready. The previous owner rented the downstairs unit for $800 per month and the upstairs unit for $750 per month, providing an excellent opportunity to update the property and lease at today's market rates. The seller is highly motivated, creating an outstanding chance to add a cash-flowing duplex to your portfolio or begin your real estate investment journey. Opportunities to purchase a completely vacant duplex are hard to find—schedule your showing today before this one is gone!

Additional Information

Acres
0.20
Taxes
$1,117
Exterior
Metal
Heating
Baseboard, Ceiling
Cooling
None
Appliances
Building, Land
Flooring
Carpet, Ceramic Tile, Vinyl Tile
Amenities
Ceiling Fan, Off Street Parking, Cable Ready, Washer Hook-Up
School District
Warsaw Community
Elementary School
Claypool
Middle School
Edgewood
High School
Warsaw
Agent Name
Darren Carnes

Listing courtesy of Darren Carnes from Homes Land & Lakes Realty. 574-268-4881

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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