$153,000

717 W 3rd Street, Marion, IN 46952

  • 5 beds |
  • 4 baths |
  • 2,624 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $58/sqft
  • Property List Date Icon Listed 7 months ago

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
  • Basement: Michigan Basement
  • Flooring: CarpetLaminateWood
  • A/C: None
  • Heating: Electricity
  • General: Wood
  • Style: Two Story
  • Other Structures: None
  • Parking: Parking spaces: 0
  • School District: Marion Community Schools
  • 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

Monthly Payment

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

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Location

Schools Nearby

R

Riverview Elementary School

513 W Buckingham Dr, Marion, IN, 46952

Grades PK-4

0.83 miles away

M

Marion Regional Career Center

750 W 26th St, Marion, IN, 46953

Grades PK-12

1.37 miles away

M

Marion High School

750 W 26th St, Marion, IN, 46953

Grades 9-12

1.37 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.