For sale 13 days ago

$60,000

6+ bd 4+ ba 3147 sqft

800 Michigan Rd, Burlington, IN 46915

Residential Triplex Off MLS

Current Rent

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

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

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*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.