Investors take a look at your next portfolio addition! This property boats 2 duplexes for a total of 4 units. Gross monthly rents projected at $2,550. All units have seen a large amount of work put into them in the past few months, as well as a potential $5,000 appliance allowance to put your own finishing touches on the units! Water and electric is all metered separately, allowing tenants to pay their own utilities. There is one 2 bed unit, and three 1 bed units. One unit is currently rented, three units are currently vacant, allowing you to find tenants that best fit your management style. All units have a washer/dryer hookup. New roof and gutters were put in 5 years ago. Recent work in the past 3 months included but is not limited to; new paint, light fixtures, and ceiling fans in all units. All exterior wood and trim has been painted. Brick units both have new water heaters, screen doors, and electric baseboard heaters. One kitchen is loaded with new cabinets and countertops. New LVP throughout. 2 sheds are also included on the back of the property for extra storage. As a very low maintenance property, your portfolio will thank you!
The median home value in La Fontaine, IN is $155,400. This is higher than the county median home value of $153,600. The national median home value is $338,100. The average price of homes sold in La Fontaine, IN is $155,400. Approximately 71.26% of La Fontaine homes are owned, compared to 14.02% rented, while 14.72% are vacant. La Fontaine 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 La Fontaine real estate agent to arrange a tour today!
La Fontaine, Indiana 46940 has a population of 983. La Fontaine 46940 is less family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 26.52%.
The median household income in La Fontaine, Indiana 46940 is $48,438. The median household income for the surrounding county is $59,611 compared to the national median of $69,021. The median age of people living in La Fontaine 46940 is 42.3 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 40.2 inches per year, with 28.9 inches of snow per year.