Buy & Hold / Tons of Value-Add Opportunity into Multiple Units! Princeton, Indiana

Gibson County, Princeton, IN, 47670
Sold
Listed at: April 19th, 2024
Price
$173,000
Sq. Footage
3140
Type
Single-Family
Parking
Attached Garage
Year build
1913
Lot size
0.26 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

TITLE: 🏡Buy & Hold with Value-Add Opportunity: Rent Ready 5 Bed, 2 Bath SFH in Princeton, IN!🏡

 

DESCRIPTION:

💲Tons of Value-Add Opportunity!💲

🤝🏻 Let’s make a deal!

🌟 ONLY 5 MILES AWAY FROM THE TOYOTA MANUFACTURING PLANT!! Your investment journey arrives next with a 5-bedroom, 2-bathroom home in Princeton, Indiana, just up the road from Evansville! The cash flow is ready if you just want to hold, or, the value-add potential in the loft area of the large 2-car garage easily turns this into an equity gem and a multi-unit asset. Various exit strategies make this a versatile opportunity without shortage of demand because of its location!

 

224 S Hart St, Princeton, IN 47670

🛏️ 5 Bedrooms | 🛁 2 Bathrooms | 📐 3,420 Sqft

🚗 HUGE Attached Garage | 🏡 Single-Family Home | 🏢 Value-Add Loft Area

 

FMV Comps:

✅303 S Hart St, Princeton, IN 47670 : SOLD $183,000

✅220 E Monroe St, Princeton, IN 47670 : SOLD $189,900

 

💰 Asking Price: $173,000 OBO

💲 Buy Now Price: $178,000

💲 Minimum Earnest Money Deposit (Non-Refundable): $2,500

💰If you Buy Now, we'll give you a $4,000 discount at COE and an additional $1,000 if you can close in 21 days. We don’t mess around and reward our Buyers for having the same approach.

▶️ CASH or Hard Money ONLY. No Creative. No Conventional.

▶️ Closing costs are negotiable with a strong offer.

▶️ Will cover the cost of a home warranty for the first year of ownership to ensure the Buyer has peace of mind and steady, predictable cash flow.

 

Disclaimer: Buyers are responsible for confirming all statements in the above description. The information is based on the best data we have available and is not to be represented as fact or warranted. Buyers to do their own independent inspections and due diligence before entering into a contract. Property is being sold as-is.

PROPERTY WILL BE DELIVERED VACANT

 

Buyers to perform their own Due Diligence. A member of the organization is licensed in the state of Indiana. www.PerformanceAssetsLLC.com
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Eric Severson

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Disposition manager