About This Home
This 2-bedroom, 2-bathroom commercial at 1422 Central Avenue in Anderson, IN is listed for $235,000. on a 0.24 acres lot.
Key Features
- 0.24 acre lot
- 2 stories
Property Details
Investment opportunity featuring seven residential units divided between two buildings. Five units are currently occupied under written leases, generating a total of $3,665 per month in current rent. Two vacant units offer immediate value-add and additional income potential, with further potential for future rent increases. Convenient downtown location near shopping, employment and local amenities. Property is being sold subject to existing leases and tenants' rights. Rent roll and lease information are available.
Monthly Cost Estimate
$1,257/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1422 Central Avenue
Anderson, IN 46016
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 2-bathroom commercial at 1422 Central Avenue is listed at $235,000. The estimated monthly payment is $1,257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.24 acre lot, 2 stories. Exterior Features: Storage Shed.
This property is listed by Candy Bair.
Candy Bair
Agent at RE/MAX Real Estate Solutions
