Description

Amazing investment opportunity! Fully restored triplex only one block from downtown Noblesville! Two 1BR units on the ground level and a 2BR unit on the upper level. Each unit has it’s own washer & dryer and full kitchens with appliances. All units have separate utilities. 4-space concrete parking lot in the rear. Recently painted exterior trim and interiors. 8% cap rate with market-priced rent (6.1%with current rent until May). Priced $20 per square ft below Old Town Noblesville average. Poised for great appreciation because of it’s ideal location. Renters have all been long-term tenants with a history of no vacancies. This is a fully-occupied, true turn-key investment. Property is zoned to allow for an additional building if the new owner wants to build an another investment property! Showings this Friday and Saturday only to minimize disruptions to tenants. (October 4th & 5th)