$475,000
0.46± Acres
Available
Vigo County, Indiana

Brand-New 4 Unit Portfolio in Terre Haute IN

ID: 116732
Status: Available
Price: $475,000
Acres: 0.46
Type: Residential Property
Address: 1218 S 13 1/2 St
City, State: Terre Haute, Indiana
County: Vigo
Zip Code: 47802
Presented By: Delmar Wagler

Description

New Duplex Investment Opportunity – Terre Haute, Indiana

Here is a chance to add a clean, brand-new income-producing property to your real estate portfolio: two newly constructed duplexes offering four total rental units in Terre Haute. Each unit features a spacious 2-bedroom, 1-bath layout with attractive granite countertops, nice cabinetry, and finishes designed to appeal to today’s renter. With a target rent of $1,250 per month per unit, this property offers projected gross rental income of:

$5,000 per month 

$60,000 per year

Tenants pay their own utilities, and the units have separately metered electric, helping keep landlord overhead more manageable and making utility responsibility straightforward for each resident. Separately metered utilities are generally desirable in duplex ownership because they allow residents to be billed for their own consumption This is a strong opportunity for the investor wanting newer construction, modern finishes, four doors under one investment, and the potential for dependable monthly cash flow. Put tenants in place, let the granite tops and fresh finishes help attract quality renters, and enjoy an investment built for the long haul.

Additional Details

Home Details

Sq Ft: 1896
Beds: 8
Full Baths: 4

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