6065 State Road 42 , Poland, IN 47868
- $165,000
- $185,000
- $165,000
- $185,000
Description
Income Opportunity near Cataract Lake. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant.
Address
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Address: 6065 State Road 42
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City: Poland
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State/county: IN
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Zip/Postal Code: 47868
Details
Updated on April 2, 2025 at 10:03 pm-
Property ID 21997085
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Price $165,000
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Land Area 0.54 Acres
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Garage Size x x
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Year Built 1992
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Property Type Duplex, Residential Income
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Property Status Expired
Additional details
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County Owen
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Property Type Residential Income
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Elementary School Cloverdale Elementary School
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Middle School Cloverdale Middle School
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High School Cloverdale High School
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