2 to 3 Percent Rule Rent Ready Brick Duplex - Terre Haute IN

Terre Haute, IN, 47807 view full address
For Sale
Listed at: October 15th, 2024
Price
$51,500
ARV
$95,000
Gross Margin
$43,500
Sq. Footage
1456
Type
Attached
Parking
On street
Year build
1919
Lot size
0.13 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Take a look at this brick duplex with 2bd/1bath units that is rent ready in the cashflow market of Terre Haute IN. 

The roof was recently replaced, along with the water heaters. The units have window AC and furnaces are functional, but dated. 

Rent rates estimated around 700 per unit for this property in the area - $1400/mo - owner pays water/sewer.

COE for this deal is 10/31/2024 - cash only please. 

Don't miss this opportunity for a 2-3% rule cashflowing duplex! 

The entry cost on this is the purchase price + closing costs + $750 admin/TC fee. 

Contact Josh to schedule your walkthrough. 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Farris

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