717 W 3rd Street, Marion, IN 46952

• 5 beds |
• 4 baths |
• 2,624 sqft

Property Description

Back on market at no fault of the seller! 2 PROPERTIES, 1 PARCEL FOR A GREAT PRICE! Opportunity for investors to make immediate cash flow! 717 W 3rd and 312 Horace Mann MOTIVATED SELLER, BRING AN OFFER! Appraisal has been done and price is based on appraised value. This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and get rent income from the two studio apartments. The middle unit has 3 bed, 1.5 bath and has been remodeled with new flooring throughout, fresh paint, new kitchen, new half bath and some new windows. It has a large covered porch that would be great place to enjoy your morning coffee during the warmer months. There are no appliances in the vacant unit If rented out it is estimated that it could bring in $1,100.00 The two studios are rented out and rent and utilities are as follows: Both tenants pay $600 in rent Studio A tenant pays a flat water fee of $65.00 + $30 pet fee Studio C tenant pays a flat water fee of $65.00 The tenants pay their own electricity

Listing Status:

Pending

Date Added:

May 12, 2025 at 05:00AM

Listing Office:

F.C. Tucker Fort Wayne : 260-489-0013

Listing Agent:

Knowe Dials : 260-338-9626

MLS ID:

202517289

Interior

• Basement: Michigan Basement
• Flooring: CarpetLaminateWood
• A/C: None
• Heating: Electricity

Exterior

• General: Wood
• Style: Two Story
• Other Structures: None
• Parking: Parking spaces: 0

Location

• School District: Marion Community Schools

Lot

• Zoning: All but 2 ft off of the W side of the N 84.00 Ft of lot Number 71 in White's 5th add. to the city of MarionIN27-07-06-301-060.000-002

This listing courtesy of Knowe Dials, F.C. Tucker Fort Wayne