Property Back to Results Property

500 N College, Salem, IN 47167

$219,900
: 4
BD
: 2
BA
: 1,740
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $219,900
Status: ACTIVE
MLS#: 202609242
Bedrooms: 4
Full-baths: 2
Sq. Ft: 1,740
Acres: 0.25
Year Built: 2021

Refine Search

Property Description

Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this WELL MAINTAINED DUPLEX is a must see! With both units producing over $1,700 per month in gross rental income, this property offers immediate earning potential. Conveniently situated near shopping, dining, schools, and other local amenities, the location is hard to beat. Each unit features a spacious open-concept layout that seamlessly connects the living room, kitchen, and dining area. The kitchens offer ample workspace with a large breakfast bar, perfect for everyday living and entertaining. You'll also appreciate the 2 generously sized bedrooms sharing 1 large bathroom, oversized utility room, and the added storage provided by the large attached shed accessible from the patio area. Each unit currently rents for $875 per month, tenants are currently under provided leases and are wonderful to work with. Don't miss this rare opportunity to own a versatile, income-producing property in a prime Salem location!

812-414-5298

Search All Properties

Additional Information

Style: One Story, Modular/Prefab
Exterior Features: Landscaping, Porch
Interior Features: Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Mud Room, Utility Room
Appliances: Oven, Range, Refrigerator
Cooling: Central Air
Heating: Heat Pump
Sewer: Public Sewer
Water: Connected, Public