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Listed price in listed location currency (USD).
$275,000
$275,000

000

MLS® 22031343

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Lot Size 0.28 acres
Approx. Age 1994
MLS® Number 22031343

Property Address: 203-201-203 W Knox St, Mooresville, IN, 46158-7692

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

Description

Fully Remodeled Duplex with Low Maintenance and Strong Cash Flow! This fully remodeled duplex, including all new drywall in 2019, offers a hassle-free investment with minimal maintenance. Both units feature newer appliances, and have been meticulously maintained. Each side boasts 2 spacious bedrooms, 1 large bathroom, a huge living room, and an eat-in kitchen with newer cabinets and countertops. With the roof, windows, and flooring all completed in 2019, this property offers peace of mind for years to come. Situated on a private, dead-end street, it provides a quiet and tranquil setting. Each unit has its own carport, complete with a utility/storage closet, adding extra convenience for residents. Each resident also enjoys a fully fenced private backyard! Currently generating $2, 350/month in rent, tenants cover all utilities, including electricity, heat, water, sewer, and trash(separately metered). The property owner is only responsible for taxes ($2286) and property insurance ($1, 022), making for a low overhead. With a conservative allocation of 5% for vacancy, maintenance, and capital expenditures, plus 10% for property management, this property delivers a solid CAP rate of 6.49% - an ideal opportunity for savvy investors looking to grow their portfolio with a reliable, income-generating asset. Don't miss out on this money maker!
MLS® Number22031343
Laundry LevelConnections All
Central VacNo
FireplaceNo
Acreage0.28
Exterior
GarageNo
Approx. Age1994
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

Apr 8, 2025End Date
$275,000Sold Price

Sold

Apr 7, 2025List Date
$275,000List Price
Apr 15, 2023End Date
$245,000Sold Price

Sold

Apr 10, 2023List Date
$249,900List Price
  • Commute

Commute

Starting Address
Destination Address
201-203 W Knox St, Mooresville, IN

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