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Listing No. 28271

1875 American Foursquare
Richmond, IN

Amazing Investment Opportunity!







Beautiful Historic Home w/3 Apts

This beautiful historic home has 3 apartments with the main apartment possibly being owners suite. It features gorgeous handcrafted wood work, winding stair case, classic built-in china cupboards, pocket doors, newly remodeled kitchen and bath. The Owners Suite (front unit) has 2 large bedrooms, laundry, and approximately 1,500 sq. feet on two levels. This unit last rented monthly for $625.00 and had the same tenant for 7 years. Unit #2 (124) is also a lower unit with one bedroom, 1 bath, and lots of beautiful wood work as well, approx.. 750-800 sq. feet. Currently tenants rights $385.00 month (this tenant has been there 3 years and would like to stay. Unit #3 (124 1/2) Up-stairs unit, very private, approx.. 900-1,100 sq. feet. 2 bedroom, 1 bath, rent is $465.00/12 month lease, again tenants rights. This tenant has access to a full walk-in attic. With little effort this home could easily be transferred back to a single family home with approx.. 3,500 sq. feet. There is also a large 24x26 car garage. Central air on the main level.
Bedrooms: 12
Full Bath(s): 3
Heated Sq. Ft.: 3,530
Stories: 2

Lot Size: 66x127
Acres: 0.190

Contact Information:

Coldwell Banker Lingle logo

Call or email Rhonda Duning for more information. 765.967.7466 or rhonda.duning@coldwellbankerlingle.com

Marc & Rhonda Duning

765-967-7466 Mobile

Duning Team

Picked Top Realtors by One "Independent Lab"

Equal Housing Opportunity logo

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