Live for Less + Earn from Day 1... Absolutely enchanting opportunity - whether a house-hacker, pure investor, multi-generational household, or a portfolio buyer - this dreamy, English-Tudor duplex is a proven, steady, income-producing asset w/a 4.14% cap rate + $32,100 annual NOI (positioned below market rates + logically to increase at next lease renewal). An 11-year track record of 100% occupancy w/happy, long-term tenants + no work required, this is truly a unicorn property. Set on leafy 0.30acre parcel mere steps from every favorite haunt in the Butler-Tarkington retail district, including: Illinois Street Food Emporium, Tinker Coffee, Kincaid's Market, Byrne's Pizza, Starbucks, Safeway, Graeter's + so many other hot spots! Nestled deep on the lot, this handsome brick facade encases two mirror-image units loaded w/character. Both foyers feature wrought iron rails + hardwood floors that flow into the living + dining rooms. Both units feature their classic original fireplaces in both the living rooms + their respective lower level rec rooms! Both dining rooms open to private screen porches overlooking the rear yard. Both upper levels feature two spacious bedrooms + classic original bathrooms w/original tilework + fixtures. Lower level rec rooms open to unfinished utility rooms w/lavatories + laundry areas. The property features a detached two car garage (one per unit). Stability + income + opportunity all wrapped in picture-perfect packaging...
Listing Courtesy of MIBOR as distributed by MLS GRID / Listed By: Jonathan Eriksen, Century 21 Scheetz
$419,900 (USD)
Washington Area Residential Home
Active
15900 W Rail Drive Westfield, IN 46074
3 Bed
2 Baths
2011 sqft
MLS# 22131907
Don't miss the train to this West Rail at the Station residence! Nestled amongst much larger homes in the community, this handsome ranch features an expansive interior with 3 bedrooms + den! Raised ceilings + laminate hardwoods throughout the living areas. Fabulous kitchen with upgraded cabinetry + stone tops. Full suite of appliances (including washer & dryer!) + massive center island. Great + dining areas open to sunroom + patio beyond. Gas starter fireplace in great room. Delightful primary bedroom features walk-in closet, double sink vanity, and large custom shower w/separate water closet. Split plan gives separation from other two bedrooms. Central laundry room for convenience. Front den could also act as a fourth bedroom if closet were added! Over 2000sqft of living space. Ample sized corner lot w/irrigation system. Convenient location + fabulous Westfield Schools. So much to love about this one. Turn-key livability...
Listing Courtesy of MIBOR as distributed by MLS GRID / Listed By: Jonathan Eriksen, Century 21 Scheetz