Skip To Content

311 Riverside Drive

Huntington, IN 46750
  • $174,900
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 202409948
$174,900
  • 3
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,108
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by John Lundquist of Lundquist Appraisals & Real Estate: john@lundquistrealestate.com.

Description

Welcome to this fantastic investment opportunity! This recently renovated two-story triplex is located just south of the river in Huntington and features three charming 1-bedroom, 1-bathroom units. Currently, two of the units are rented out, providing immediate income potential, while the third unit is vacant, offering the flexibility to either rent it out or occupy it yourself. Each unit has been updated and comes fully equipped with kitchen appliances including, stoves and refrigerators. With its prime location and strong rental history, this triplex is an excellent opportunity for investors looking to expand their portfolio. Don't miss out on this chance to own a turn key profitable income property. The main building was recently renovated with new roof, exterior paint and gutters, interior updates in all three units however there is also a separate two bedroom unit located directly behind the main building that still needs completely renovated adding tons of future potential to this property.

Monthly Payment Calculator



© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-05-26T22:29:45.05.

www.romanskigroup.com/homes/148915348
Print Image

311 Riverside Drive Huntington, IN 46750

  • Price: $174,900
  • Status: Active
  • On Site: 61 Days
  • MLS #: 202409948
3
Beds
3
Baths
0
½ Baths
0.12
Acres
1,108
SQFT
$158
$/SQFT
1918
Built
Neighborhood:
None
County:
Huntington
Area:
Huntington
Elementary School:
Horace Mann
Middle School:
Riverview
High School:
Huntington North
School District:
Huntington County Community
Property Description
Welcome to this fantastic investment opportunity! This recently renovated two-story triplex is located just south of the river in Huntington and features three charming 1-bedroom, 1-bathroom units. Currently, two of the units are rented out, providing immediate income potential, while the third unit is vacant, offering the flexibility to either rent it out or occupy it yourself. Each unit has been updated and comes fully equipped with kitchen appliances including, stoves and refrigerators. With its prime location and strong rental history, this triplex is an excellent opportunity for investors looking to expand their portfolio. Don't miss out on this chance to own a turn key profitable income property. The main building was recently renovated with new roof, exterior paint and gutters, interior updates in all three units however there is also a separate two bedroom unit located directly behind the main building that still needs completely renovated adding tons of future potential to this property.
Exterior Features

Exterior Wood Location City/Town/Suburb Lot Description Level Lot Dimensions 31 x 135 Outbuilding None Parking Off StreetStreet Parking Spaces 3 Pool YN No Roof Material Shingle Style Two Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1108 Above Grade Unfin Sq Ft 0 Amenities Porch Covered Basement Foundation Unfinished Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring LaminatePart CarpetVinyl Heating Fuel Forced Air Main Level Sq Ft 1108 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 0 Total Sq Ft 1108 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 558 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 492 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 648 Upper Level Sq Ft 518 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 1800 Annual Gross Rent 25200 Annual Insurance Expense 1430 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 18646.92 Annual Property Tax 1643.08 Annual Trash Expense 0 Annual Water Sewer Exp 1680 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Company Duke Energy Indiana Electric Meters 3 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2100 Gross Monthly Rent 2100 Lease Term Month to Month1 Year New Construction No One Bedrooms 3 Owner Pays SewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays Electric Three Bedrooms 0 Township Huntington Two Bedrooms 0 Unit1 Unit Rent 700 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 700 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 700 Unit3- Currently Rntd Y / N No Unit3- Garage Y / N No Units Rented 2 Water Meters 1 Water Utility City Year Taxes Payable 2024

Listing provided by John Lundquist of Lundquist Appraisals & Real Estate: john@lundquistrealestate.com.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-05-26T22:29:45.05.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202409948-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202409948-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202409948-2.jpg
Logo
The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by John Lundquist of Lundquist Appraisals & Real Estate: john@lundquistrealestate.com.