Perfect opportunity for the savvy investor to build equity with a little elbow grease. Downstairs is a 2 bedroom unit with deck in back that rents for $700/month. Upstairs is a 1 bedroom studio appartment renting for 425/month. The main part of the house has a steel roof. 10 year old furnace, central air and electric water heaters. Both units are occupied on month to month terms. Seller pays the water and trash bill.
This exceptional triplex is a fantastic investment opportunity, offering: Two One-Bedroom Apartments on the Ground Floor: Cozy and well-maintained. Spacious Two-Bedroom Apartment: Featuring living space on the ground floor and two large bedrooms upstairs. Rental Income Potential: With all three units currently occupied, the property is generating a consistent rental income, with the potential to exceed $2,000 per month. Tenant Stability: All three apartments are occupied by reliable tenants who have maintained the units well. This fully occupied triplex offers a strong return on investment in a desirable location. Donâ??t miss out on this rare opportunity.
The median home value in Butler, IN is $157,500. This is lower than the county median home value of $198,700. The national median home value is $338,100. The average price of homes sold in Butler, IN is $157,500. Approximately 63.33% of Butler homes are owned, compared to 29.58% rented, while 7.09% are vacant. Butler real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Butler real estate agent to arrange a tour today!
Butler, Indiana has a population of 2,882. Butler is less family-centric than the surrounding county with 25.7% of the households containing married families with children. The county average for households married with children is 31.91%.
The median household income in Butler, Indiana is $54,972. The median household income for the surrounding county is $60,757 compared to the national median of $69,021. The median age of people living in Butler is 37.1 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 37.5 inches per year, with 35.2 inches of snow per year.