304 Perry StAttica, IN 47918

For Sale
$425,000

Eight-unit portfolio, 100% occupied, value-add.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional investment opportunity presents a portfolio of eight single-family rental units situated in Attica, Indiana. The portfolio comprises five buildings, each a two-story structure, totaling eight rental units currently boasting 100% occupancy. All units are on month-to-month leases, providing the new owner with immediate cash flow and significant flexibility to implement their own management and renovation strategies. The property is zoned R-2, offering potential for future development or expansion. The asking price for this value-add investment is $425,000. The properties are conveniently located near each other within a few blocks, offering operational efficiencies. This portfolio presents a compelling opportunity for investors seeking immediate returns and long-term appreciation potential in a stable rental market. The existing condition of the buildings presents a clear path for value enhancement through targeted renovations and property management improvements. This is an excellent chance to acquire a well-performing rental portfolio with significant upside potential in a desirable location. The properties are located at 304 N Perry St, Attica, IN 47918.

Highlights

  • Eight single-family rental units in Attica, Indiana, offering 100% occupancy and immediate cash flow.
  • Five two-story buildings, all on month-to-month leases, allowing for flexible management and renovation.
  • R-2 zoning permits future development or expansion.
  • $425,000 asking price for this value-add investment opportunity.
  • Conveniently located within a few blocks for operational efficiency.

Property Details for 304 Perry St

Property type
Multifamily properties, Residential income homes
Class
C
Buildings
5
Stories
2
Units
8

Location Insight

City
Attica
County
Fountain
State
Indiana
Latitude
40.2961523
Longitude
-87.2471384
304 Perry St, Attica, Indiana

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304 Perry St
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