About This Home
This 0-bedroom, 0-bathroom residential multi family at 604 Hendricks Street in Anderson, IN is listed for $200,000. Built in 1886, on a 0.19 acres lot.
Key Features
- Built in 1886
- 0.19 acre lot
- 2 stories
Property Details
Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition.
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 two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity.
With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today's market. Don't miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
Monthly Cost Estimate
$1,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
604 Hendricks Street
Anderson, IN 46016
Linden Home
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 604 Hendricks Street is listed at $200,000. The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1886, 0.19 acre lot, 2 stories.
This property is listed by Emily Huskey and can be reached at (317) 271-5959.
