$225,000
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297 S Main Street Scottsburg, IN 47170
Single Family
Residence
4
Beds
4
Baths
2,508
Sq. Ft.
0.15
Acre
Lot
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Well maintained newer income producing duplex near the city square in downtown Scottsburg. This two story duplex was built in 2008, over 2500sf, has two 2BR 2 Full bath units with 2 separate one car garages. 4 total potential income sources. Upstairs currently rented at a modest $900/mo to a long ti...me great tenant. Downstairs is vacant & was just remodeled with fresh paint, new LVP flooring and ready for a new resident at $1,100 or more per month. Each garage currently generates $100 per side. Total income potential $2,200 per month or more. Each unit floor plan is the same, both have outside porch areas, kitchen appliances, including downstairs fridge remain (upstairs fridge is tenant owned). Tenants pay all utilities. Owner pays $2,191 taxes/yr, $1,855 insurance/yr. & $25 per yard mowing. Nearly 10% CAP Rate. Contact agent for details and showings, please respect resident's privacy and do not disturb, yes they know property is for sale, they're on month to month lease. Lease available for review upon accepted contract. One member of owning entity is licensed real estate agent in Indiana and is a listing agent. Invest in real estate today!
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MLS#
2021011795
Property Type
Single Family
Bedrooms
4
Bathrooms
4 Full
Year Built
2008
Square Feet
2,508
sq. ft
Lot Size
0.15
Stories
2.0
Sewer
Public Sewer
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