$60,000
800 Michigan Rd, Burlington, IN 46915
Current Rent **
N/A
Projected Rent **
$1,969
Unit 1 Details
- Current Rent:
- Bedroom: 3 bd
- Bathroom: 2 ba
- Square Footage: 1049 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent:
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 1049 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Unit 3 Details
- Current Rent:
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 1049 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: Yes
Collect $1,969/month OR MORE on this 3 Unit Triplex in Burlington, Indiana!
You can easily add this triplex to your investment portfolio today! Property consists of one - 3 bedroom/1 bath unit, one 2 bedroom/1 bath unit and one - 1 bedroom/1 bath unit. 100% vacant now.
Future tenants pay all the utilities. Roof is only 4 years old. Owner remodeled the property 6 years ago including windows and siding! Appliances recently replaced. The units do need a little TLC. (Estimating $2k-5K/unit). Then realize a potential to collect $1,969/month ProForma!
Location:
800 Michigan Rd, Burlington, IN 46915
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!