371 & 383 W 12th Street
Peru, IN 46970MLS# 202547048
Other
$630,000
Active
About this home
Discover an excellent investment opportunity with this multi-building property featuring a total of 15 rentable units in the heart of Peru (8 one bedroom units and 7 two bedroom units). Spread across multiple structures, this property offers a strong blend of stability and value-add potential for any investor. Many of the units have been freshly painted within the last few years, and several feature updated flooring for improved durability and tenant appeal. Two of the buildings are equipped with long-lasting metal roofs, reducing future maintenance needs and providing added peace of mind. With a mix of month-to-month and long-term leases, this property offers both immediate income and room for strategic rent growth. A rare chance to acquire a multi-unit package with solid fundamentals and continued upside in a steady rental market.
Property Features
Interior Features
Above Grade Finished SqFt:13,722
Total Below Grade SqFt:2,056
Full Baths:15
Fireplace Description:Yes
Exterior Features
Has Garage:Yes
Has a Pool:No
Additional Information
Property Type:Other
Year Built:0
Status:Active
Listing Office:True Realty
Listing Agent:Cherie Smith