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Listed by Candy Bair • RE/MAX Real Estate Solutions
$ 235,000
Est. payment /mo
Active
1422 Central AVE Anderson, IN 46016
6,129 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,129 sqft
Price per Sqft $38
MLS Listing ID 22127214
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Multi Family
Property Description
Investment opportunity featuring seven residential units divided between two buildings. Five units are currently occupied under written leases, generating a total of $3,665 per month in current rent. Two vacant units offer immediate value-add and additional income potential, with further potential for future rent increases. Convenient downtown location near shopping, employment and local amenities. Property is being sold subject to existing leases and tenants' rights. Rent roll and lease information are available.
Location
State IN
County Madison
Zoning Residential
Interior
Heating Gas, Space Wall Unit
Cooling None
Fireplace N
Exterior
Exterior Feature Storage Shed
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story Two
Architectural Style Craftsman
Structure Type Aluminum Siding,Brick
New Construction false
Schools
Middle Schools Highland Middle School
School District Anderson Community School Corp
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