$114,900

2122 Pearl Street, Anderson, IN 46016

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Anderson quadplex ready for its next investor! This fully occupied four-unit property includes two main-level units and two upper-level units, all 1-bed and 1-bath apartments, offering a balanced layout and straightforward management. With current under-market rents producing approximately $1,725 per month in gross income, the property provides solid cash flow with room to grow as updates are completed between turns. Two storage sheds offer additional on-site utility for tenants or the owner. Priced near the 1.5% rule and with potential for a BRRR-style strategy, this property presents a rare opportunity to acquire an income-producing asset with clear value-add potential.

Listing Status:
Pending
Listing Office:
Hoosier Hub Realty, LLC : 317-300-4688
Listing Agent:
Jonah Hartsburg : 317-300-4688
MLS ID:
22068619
  • Roofing: Asphalt
  • Originating MLS: mibor
  • School District: Anderson Community School Corp
  • County: Madison
  • Zoning: South Park 0.0000Acres Str: 00000 Section: Plat: 46 In: Out:481113401185000003
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Jonah Hartsburg, Hoosier Hub Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Anderson Elementary School

2035 Raible Ave, Anderson, IN, 46011

Grades KG-4

2.10 miles away

C

Compass Alternative School

2010 Brentwood Dr, Anderson, IN, 46011

Grades 7-10

2.20 miles away

A

Anderson High School

4610 S Madison Ave, Anderson, IN, 46013

Grades 9-12

2.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.