2104 Grand Boulevard, Richmond, IN 47374

Property Description

Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.

Listing Status:

Active

Listing Office:

Ellsbury Commerical Group : 765-401-1122

Listing Agent:

Justin Lowe : 765-401-1122

MLS ID:

22072116

Interior

• A/C: Window Unit(s)

Construction

• General: Two

Location

• Originating MLS: mibor
• School District: Richmond Community Schools
• County: Wayne

Lot

• Zoning: 4.06 Ft E Side X 95 Ft G B S D Lot 84 P V W Lot 85 P V W891633420327000030
• Current Use: Apt<20

Financial

• Source: mibor

This listing courtesy of Justin Lowe, Ellsbury Commerical Group