Member Features
Find Real Estate Bargain!
Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
$219,900
Listing Price5beds
3baths
2,224sqft
5,750sqft lot
225 W Pennsylvania St, Shelbyville, IN 46176
Member Features
Find Real Estate Bargain!
Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Makeup: A 2 BR, 1BR, and Studio at $750, $745, and $500. Invest in a Lucrative Triplex Generating over almost $2000 Monthly Income In today's dynamic real estate market, finding an investment opportunity that promises both stability and significant returns is paramount. Introducing a prime investment opportunity: a meticulously maintained triplex boasting three units and generating almost $2,000 (rents are on the lower side) in monthly rental income. This triplex is not just a property; it's a pathway to financial prosperity and security. Unlocking the Potential: With three distinct units, each contributing to the impressive monthly income, this triplex offers investors a rare opportunity to diversify their income streams and maximize returns. Whether you choose to rent out all three units or occupy one while leasing the others, the potential for profit is undeniable. Location, Location, Location: Situated in a highly sought-after area, this triplex benefits from its prime location, surrounded by amenities, downtown restaurants and shopping, trail heads, and convenient transportation options. The demand for rental properties in such desirable neighborhoods ensures a steady stream of potential tenants, minimizing vacancies and maximizing rental income potential. Crunching the Numbers: Let's talk figures. With around $2000 in monthly rental income and room to improve those numbers, this triplex yields an annual income that surpasses $15,000 before debt service. Such impres
Interior Details
2224
5
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
5750
Yes
Yes
Type:
Carport (unspecified)
Location:
N/A
Status:
N/A
Number of Spaces:
2
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,903
$12,500
$86,400
--%
$98,900
2018
$1,819
$11,900
$83,200
--%
$95,100
2017
$1,177
$11,900
$79,000
--%
$90,900
2016
$1,187
$11,900
$46,900
--%
$58,800
2016
$1,187
$11,900
$47,400
--%
$59,300
Average Home Price in 46176
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$165,851
$165,851
2 Beds
3 Baths
1,940 Sqft
4,800 Lot (sqft)
Sold 01/09/2024
$179,179
4 Beds
2 Baths
2,532 Sqft
5,600 Lot (sqft)
Sold 12/08/2023
$142,231
3 Beds
2 Baths
2,216 Sqft
3,465 Lot (sqft)
Sold 12/04/2023
$219,900
5 Beds
3 Baths
2,224 Sqft
5,750 Lot (sqft)
Sold 04/01/2024