6085 State Road 42, Poland, IN 47868 – 21997095

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Jake Stiles, CLHMS

jake@cbstiles.com +1(317) 201-4092

Listed by Beth Neeley • Down Home Real Est & Auction

$165,000

Est. payment - /mo

0.83 Acres Lot

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UPDATED:

12/04/2024 01:50 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Ahlemeyer Highland Lakeview

MLS Listing ID 21997095

Year Built 1991

Tax Year 2023

Lot Size 0.830 Acres

Acres 0.83

Property Description

Income Opportunity near Cataract Lake. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available if there is an opening in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant.

Location

State IN

County Owen

Interior

Fireplace N

Building

Story One

New Construction false

Schools

Elementary Schools Cloverdale Elementary School

Middle Schools Cloverdale Middle School

High Schools Cloverdale High School

School District Cloverdale Community Schools

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Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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