About This Home
This 5-bedroom, 3-bathroom multi-family at 900 E Cherry Street in Petersburg, IN is listed for $249,900 ($108 per sqft). Built in 1920, the home offers 2,316 sqft of living space on a 0.25 acres lot.
Key Features
- Built in 1920
- 0.25 acre lot
- 2 stories
- 4 parking spaces
- Fireplace
Property Details
Amenities
Strong income-producing triplex with great tenants in Petersburg! This fully occupied property features three units, including two 2-bedroom units and one 1-bedroom unit, all supported by a consistent rental history and expenses kept to a minimum. All units include appliances, updated kitchen cabinets, and have solid hardwood floors, giving a more resiliant option compared to other flooring types.
Off-street parking adds additional tenant benefit and the storage area works out great for the property manager or owner to store equipment. This is a stabilized asset ideal for investors seeking reliable cash flow, low vacancy risk, and a solid addition to a growing portfolio. Don't miss this opportunity to step into an already performing property from day one and start your rental portfolio or add another quality asset to the list!
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
900 E Cherry Street
Petersburg, IN 47567
Property Details
Flooring
Parking
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom multi-family at 900 E Cherry Street is listed at $249,900 ($108/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.25 acre lot, 2 stories, 4 parking spaces, Fireplace.
This property is listed by Tyler Simmons and can be reached at 8128901827.