629 Central Avenue, Lapel, IN 46051
Triplex
Built in 1910
5,663sqft lot
1 car garage
$——/sqft
Listed 14 days ago
Property Description
Exciting investment opportunity available! This 3-unit triplex is located in a thriving area and is ready for a new owner. The property requires updates, offering you the chance to customize and enhance its value. Units A and B are located downstairs, while Unit C is situated upstairs. Previously, the owner indicated that rental rates ranged between $500 and $600 per unit, with potential for increased earnings post-renovation. Don't miss out on this chance to transform and profit from a promising property The current owner has never leased or occupied the units and is open to selling on contract.
- Listing Status:
- Pending
- Listing Office:
- F.C. Tucker Company : 317-439-1933
- Listing Agent:
- P. Aaron Starr : 317-439-1933
- MLS ID:
- 22069685

- Parking: Attached
- General: One and One Half
- Originating MLS: mibor
- School District: Frankton-Lapel Community Schools
- County: Madison
- Zoning: Woodward 4th E2 & Pt E2 Lot 112 L 113481027300044000032
- Current Use: Residential
- Source: mibor
This listing courtesy of P. Aaron Starr, F.C. Tucker Company
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Lapel Elementary School
2865 S State Road 13, Lapel, IN, 46051
Grades PK-5
0.30 miles away
Lapel Middle School
2883 S State Road 13, Lapel, IN, 46051
Grades 6-8
0.34 miles away
Lapel Sr High School
1850 S 900 W, Lapel, IN, 46051
Grades 9-12
0.75 miles away
