About This Home
This 6-bedroom, 3-bathroom multi-family at 1202 E 8th in Anderson, IN is listed for $179,000. Built in 1920, on a 0.13 acres lot.
Key Features
- Built in 1920
- 0.13 acre lot
- 2 stories
Property Details
Amenities
All completed in 2016: Vinyl siding, dimensional shingle roof, vinyl windows, 2 high efficiency furnaces and A/C units, 2 water heaters, remodel with LVP flooring, new plumbing and electrical. Shared washer/dryer in basement. Current leases- 1202 unit at $1,410 per month (includes $150 for utilities) expiring 2/28/2027 and 1204 unit at $865 per month (includes $90 for utilities) expiring 10/31/2026.
The units have shared gas and water/sewer. The electric is individually metered. Unlock the potential of this duplex, offering an excellent opportunity for investors and owner occupants alike. With strong potential, this property has the potential for a new owner to increase cash flow by capitalizing on higher market rents.
Whether you're looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. Don't miss the opportunity to add value and make this property work for your financial goals.
Monthly Cost Estimate
$957/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1202 E 8th
Anderson, IN 46012
Chestnut Park
Property Details
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 3-bathroom multi-family at 1202 E 8th is listed at $179,000. The estimated monthly payment is $957 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.13 acre lot, 2 stories.
This property is listed by Emily Huskey and can be reached at (317) 271-5959.
