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Listed price in listed location currency (USD).
$479,900

330

MLS® 202609731

Overview

Key Facts

Type 
Levels Residential
Size 1494 sqft
Garage 
Taxes $962
Days Active 0
Lot Size 0.07 Acres
Approx. Age 1900
Avg. Price Per Sqft $321
MLS® Number 202609731

Property Address: 118 Ferry St, Madison, IN, 47250-4707

Average square foot calculated using Size range provided by listing agent.

Description

Located just one block from the Ohio Riverfront, this turnkey triplex investment property offers three updated rental units and multiple income streams through existing tenants and a proven AirBnB operation. Unit 1 and 2 feature comfortable one-bedroom layouts with full kitchens, living rooms, and baths, while Unit 3 offers a studio setup with a full bath. Each unit has been thoughtfully updated with luxury vinyl plank flooring, granite countertops, new cabinetry, and stainless-steel appliances within the last 4 years. Additional recent improvements include a newer roof (2023), newly paved patio (2023), new water heaters (Unit 2 & 3), and an added water softener, ensuring low-maintenance ownership for years to come. With off-street parking, attractive river views, and a location that puts residents within walking distance of the waterfront, this is an investment opportunity you won't want to miss!
MLS® Number202609731
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementCrawl Space
Driveway
Garage Spaces
HeatForced Air, Heat Pump
A/CCentral Air, Wall Units

Extras

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