$1,400,000

308 Winters Way, Carthage, IN 46115

  • Property Icon Duplex
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $150,000 per duplex, $75,000 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 10 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.

Listing Status:
Active
Listing Office:
Highgarden Real Estate : 317-513-5092
Listing Agent:
Mel Coutz : 317-513-5092
MLS ID:
22058405
  • Laundry: Connections All
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • General: Not Applicable
  • Style: RanchTraditional
  • Parking: On Street
  • Roofing: Shingle
  • General: OneCrawl Space
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: C A Beard Memorial School Corp
  • County: Rush
  • Zoning: 009-67477-16 5th Street Sub Lot 15 700219209006000009700219209006000009
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Mel Coutz, Highgarden Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Knightstown Elementary School

8632 S State Road 109, Knightstown, IN, 46148

Grades PK-3

5.03 miles away

K

Knightstown Intermediate School

1 Panther Trl, Knightstown, IN, 46148

Grades 4-8

5.10 miles away

K

Knightstown High School

8149 W US Highway 40, Knightstown, IN, 46148

Grades 9-12

3.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.