About This Home

This 20-bedroom, 11-bathroom multi-family at 8436 E State Road 32 in Anderson, IN is listed for $800,000. Built in 1975, on a 2.82 acres lot.

Key Features

  • Built in 1975
  • 2.82 acre lot

Property Details

11 full
4-car garage
1975
Listing Description

TurnKey 8Unit Multifamily Portfolio - Fully Renovated & Stabilized Fantastic opportunity to acquire a fully occupied, cashflowing 8unit portfolio consisting of two singlefamily homes and two triplexes. All units have been updated with new vinyl plank flooring, fresh paint, and modernized kitchens and bathrooms.

Driveway has been replaced for improved access. Unit Mix: SFH #1: 3 bed / 1 bath / 1car attached garage SFH #2: 4 bed / 2 bath / 1car attached garage - new roof installed Triplex #1: (2) 2 bed / 1 bath units + (1) 1 bed / 1 bath unit Triplex #2: (3) 3 bed / 1.5 bath units, each with attached garage Recent Improvements: New vinyl plank flooring thro

ughout Fresh interior paint Updated kitchens & bathrooms Driveway replacement All roofs less than 5 years old, with one brandnew roof on the 4bed SFH This is a turnkey, lowmaintenance asset ideal for investors seeking stable income and modernized units with strong tenant appeal. Fully occupied and ready to cash flow from day one. Please see the attached doc for more information.

Monthly Cost Estimate

$4,279/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,467
Insurance$233

Estimates only. Actual payments may vary.

Location

8436 E State Road 32

Anderson, IN 46017

No Subdivision

Questions & Answers

This 20-bedroom, 11-bathroom multi-family at 8436 E State Road 32 is listed at $800,000. The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1975, 2.82 acre lot.

This property is listed by Heather Clemmons.

HC

Heather Clemmons

Agent at Starr Real Estate Inc

Listed by Starr Real Estate Inc · Broker phone: (765) 288-1711 · View on Broker Site · Broker website

MLS# 22119884· Source: Broker Listing Cooperative®· 77 days on PropertySimple

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8436 E State Road 32, Anderson, IN 46017

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