Description

Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: – Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement – Size: 2,562 sqft – Remodeled in 2013 – Currently vacant and ready for owner occupancy or rental Unit 1B: – Layout: 1 bed, 1 bath – Size: 748 sqft – Updated in 2023 – Currently rented out at $825 per month – Lease expires in May of 2024 Additional Features: – Entire property zoned R-2 (residential or commercial) – 5,000 sqft asphalt parking lot – 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) – Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don’t miss out on this chance to invest in a prime location with promising returns