www.myindianahomes.com/homes/157950306
705
W
2ND Street
Marion,
IN
46952
Elementary School:
Kendall/Justice
Middle School:
Mcculloch/Justice
School District:
Marion Community Schools
Income Producing! Perfect Investor Opportunity! Three-unit investment property in the center of town. Just minutes from shopping, grocery, hospital and downtown. The main house consists of one unit downstairs with 3 bedroom and 1 bath. Upstairs unit consists of 1 bedroom and 1 bath. Each has their own separate entries. Unit 3 is separate carriage house/garage apartment. There is a nice size laundry room with the downstairs unit that could easily be accessible to all three units.
Architectural Style
Traditional
Driveway
None
Exterior
Shingle
Fence
None
Location
City/Town/Suburb
Lot Description
Corner
Lot Dimensions
44 X 132
Outbuilding
None
Parking
GarageStreet
Parking Spaces
3
Pool YN
No
Road Access
City
Road Surface
Asphalt
Roof Material
AsphaltShingle
Sea Wall Type
None
Style
Two Story
Unit1 Garage Type
None
Unit2 Garage Type
None
Unit3 Garage Type
Attached
Water Features
None
Waterfront YN
No
Above Grade Bedrooms
5
Above Grade Finished Sqft
1960
Above Grade Unfin Sq Ft
1960
Amenities
BasementCeiling FanCable AvailableCeiling-9+Countertops-LaminateDetector-SmokePorch CoveredWater Heater GasWasher Hook-Up
Basement Foundation
CrawlPartial Basement
Basement Material
Block
Basement YN
Yes
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
360
Cooling
None
Dishwashers
0
Disposals
0
Dryers
0
Flooring
CarpetVinyl
Heating Fuel
GasForced AirWall Heater
Main Level Sq Ft
1256
Microwaves
0
Ranges Ovens
3
Refrigerators
3
Rooms Below Grade
0
Total Baths
3
Total Below Grade Sqft
360
Total Sq Ft
4280
Unit1 Basement YN
Yes
Unit1 Bathrooms
1
Unit1 Bedrooms
3
Unit1 Sq Ft
1256
Unit2 Basement YN
No
Unit2 Bathrooms
1
Unit2 Bedrooms
1
Unit2 Sq Ft
704
Unit3 Basement YN
No
Unit3 Bathrooms
1
Unit3 Bedrooms
1
Unit3 Sq Ft
432
Upper Level Sq Ft
704
Wash Dry Hookups
1
Washers
0
Annual Electric Expense
5188
Annual Fuel Expense
0
Annual Gross Rent
17662
Annual Insurance Expense
840
Annual Maint Expense
3044
Annual Misc
0
Annual Net Income
5906
Annual Property Tax
1139
Annual Trash Expense
0
Annual Water Sewer Exp
1545
Assoc Dues Frequency
Not Applicable
Assoc Restrictions YN
No
Auction Y / N
No
Cable Company
Brighthouse NetworksDirectTVDish NetworkSpectrum
Cross Street
1ST
Documents Available
LBP FormSellers Disclosure
Efficiencies
0
Electric Company
AEP/I&M
Electric Meters
3
Exemptions
No Exemptions
For Sale Or Rent
For Sale
Four Bedrooms
0
Gas Company
CenterPoint Energy
Gas Meters
3
Gross Monthly Income
1472
Gross Monthly Rent
2165
Inside City Limits
Yes
Lease Term
Month to Month
New Construction
No
One Bedrooms
3
Owner Pays
Building InsuranceElectricHeatingLawn MaintenanceMaintenanceSewerTaxTrash CollectionWater
Owner Real Estate License YN
Yes
Pet Restrictions YN
No
Planned Unit Dev YN
No
Property Sub Type
Triplex
Proposed Financing
CashConventional
Reo YN
No
Sale Includes
Building
Sewer
City
Tenant Pays
Cable
Three Bedrooms
0
Township
Center
Two Bedrooms
0
Unit1 Unit Rent
875
Unit1- Currently Rntd Y / N
No
Unit1- Garage Y / N
No
Unit2 Unit Rent
645
Unit2- Currently Rntd Y / N
No
Unit2- Garage Y / N
No
Unit3 Unit Rent
645
Unit3- Currently Rntd Y / N
Yes
Unit3- Garage /#of Cars
1
Unit3- Garage Y / N
Yes
Units Rented
1
Water Company
Marion Utilities
Water Meters
1
Water Utility
City
Year Taxes Payable
2024
Listing provided by Joe Schroder of RE/MAX Realty One: Main: 765-454-7300.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-01-13T00:28:23.423.
