This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.
Listed By
Agency Name: RE/MAX Real Estate Groups
Agency Contact: Cell: 765-744-9500
Agent Name: Ryan Orr
Shown By
Agent Name: Ida Ludwig
Agent Phone: (219) 608-1298
Agency Title: Coldwell Banker 1st Choice
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Coldwell Banker 1st Choice Ida Ludwig (219) 608-1298
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1303-1305 Sycamore Street | MLS# 202613963
This multi-family property located at 1303-1305 Sycamore Street, Anderson, IN 46016 is currently listed for sale with an asking price of $127,900. 1303-1305 Sycamore Street is located within the Anderson Community school district. Search Anderson real estate on iludwig.coldwellbanker1stchoice.com today.