604 Hendricks Street, Anderson, IN 46016
- $200,000
Description
Unlock the potential of this triplex, offering an excellent opportunity for investors and owner occupants alike. With strong upside potential, this property has the potential for a new owner to increase cash flow by updating the units with more modern finishes and capitalize on higher rents, or leave as-is for an easy portfolio addition. Whether you’re looking to expand your investment portfolio or get started in real estate, this property offers flexibility and long term potential. Live in one unit while renting the other two to help offset (or potentially cover) a significant portion of your mortgage, making it an ideal house hacking opportunity. With multiple income streams, room to build equity through strategic improvements, and the chance to maximize rental income, this triplex is a savvy investment in today’s market. Don’t miss the opportunity to add value and make this property work for your financial goals. Electric metered separately. Tenants pay $50 each for water/sewer utility charge. Rents are $675-750 currently. Two 2/1 units, one 1/1 unit.
Address
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Address: 604 Hendricks Street
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City: Anderson
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State/county: IN
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Zip/Postal Code: 46016
Details
Updated on July 11, 2026 at 3:15 am-
Property ID 22111615
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Price $200,000
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Land Area 0.19 Acres
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Garages 2
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Garage Size x x
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Year Built 1886
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Property Type Triplex, Residential Income
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Property Status Active
Additional details
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County Madison
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Property Type Residential Income
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Parking Detached
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