290 W Washington St, Martinsville, IN 46151

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$220,000
Active for Sale
 
Listing ID 11354308
Property Type Multi-Unit (2-4)
County Morgan
Total Tax $2,772
FEMA Flood Map fema.gov/portal
Year Built 1983
Virtual Tour

2-unit Rental Investment property Martinsville, IN $220,000

Are you looking for a great investment property with stable income? Or purchase to live in one unit and rent out the other? Come and see this 2-story duplex apartment located in Downtown Martinsville, IN. The main level, unit 9, has 2 good sized bedrooms, 1 bath, living room, and kitchen. Unit 9 has been cosmetically updated. The upper level, unit 10 has 3 bedrooms, 1 bath, living room, and kitchen. Both units have newer tankless electric hot water heaters. The exterior (roof, siding, and windows) updated in 2016. Large parking lot. Low maintenance. No grass to mow. Walking distance to the town square. Prime location. Both units currently leased with lease agreements good through Aug and Sept 2025. Tenants would like to remain with new owners if possible.
Property Details
  • 5 Total Bedrooms
  • 2 Full Baths
  • 1664 SF
  • 0.16 Acres
  • Built in 1983
  • 2 Stories
  • Available 10/17/2024
  • Two Story Style
Interior Features
  • Open Kitchen
  • Oven/Range
  • Refrigerator
  • Carpet Flooring
  • Ceramic Tile Flooring
  • Laminate Flooring
  • 9 Rooms
  • Living Room
  • Primary Bedroom
  • Kitchen
  • First Floor Primary Bedroom
  • First Floor Bathroom
  • Baseboard
  • Electric Fuel
  • Wall/Window A/C
Exterior Features
  • Vinyl Siding
  • Metal Roof
  • Municipal Water
  • Municipal Sewer
  • Open Porch
  • Covered Porch
  • Driveway
Taxes and Fees
  • $2,772 Total Tax
Listed By
Fischer Realty LLC.
Office: 317-362-4573
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