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Listing No. 28271

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For Sale

$129,900

1875 Multi-Family

122 South 16th Street
Richmond, Indiana

Beautiful Historic Home w/3 Apts

Amazing Investment Opportunity!
Amazing Investment Opportunity!
This is an amazing investment opportunity! 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 Baths 3
Heated Sq. Ft. 3,530
Stories 2
Acres 0.2
Lot Size 66x127
MLS No. 10034837

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Agent Contact Information

Coldwell Banker Lingle

Rhonda Duning

Phone: 765-598-5279
Mobile: 765-967-7466

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Listing No. 28271

1 random listing

Search Listings

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Like This Listing?

Agent Contact Information

Coldwell Banker Lingle

Rhonda Duning

Phone: 765-598-5279
Mobile: 765-967-7466

Tell 'em you saw it on OldHouses.com!

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