Cash Flow Cow 🐮

Miami County, Converse, IN, 46919
Sold
Listed at: December 7th, 2023
Price
$50,000
ARV
$130,000
Gross Margin
$80,000
Sq. Footage
1920
Type
Multifamily
Parking
Street
Year build
1920
Lot size
0.09 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

PROPERTY DETAILS

W. Wabash St, Converse, IN, 46919

📸 More Photos & videos: Click here ← 

Triplex - 3 Units

Price: $50,000 + closing costs

Beds: 5

Baths: 3

SQFT: 1,961

Lot Size: 0.086Acres

Yr Built: 1,920

Utilities: Separately metered, Gas & Electric

Occupancy: Vacant

 Unit A: 2 Bed // 1 Bath - Projected Mo/ Rent $600

Unit B: 2 Bed // 1 Bath - Projected Mo/ Rent $600

Unit C: 1 Bed // 1 Bath - Projected Mo/ Rent $500 


✨Property Highlights✨


- Historic home in the national registry gets a much lower tax rate than other properties in the city.

-New Roof

-Highly desired town

-Live in one unit and rent out the others for a house hack and take advantage of Fannie Mae's new 5% down announced November 18, 2023


COMPS

704-704 S Boots St #706, Marion, IN 46953

Sold: $40,000 Sold on 02/20/23

112 & 114 N Green St, Greentown, IN 46936 - Duplex

Sold: $99,650 Sold on 10/31/23

3717 S Race St, Marion, IN 46953 - Duplex

Sold: $67,500 Sold on 04/24/23

219 N Boots St, Marion, IN 46952 -Duplex

Sold: $48,900Sold on 05/05/23


Please reach out for more information

💥Point of Contact: Jesse Reguerin / Hablo Español

☎️Phone: (949) 201-7363

📧Email: Jesse@drivebyhomebuyers.com


All Inventory

WWW.DRIVEBYPROPERTIES.COM

All deals cash or hard money only. If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. We are not the owner of record. We are not a realtor nor do we portray ourselves as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to Drive By Home Buyers for transaction coordination.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jesse Reguerin

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Disposition manager