1145 Madeira Street, IN 46203

$130,000
3
BD
1
BA
1,104
SqFt

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List Price
$130,000
Status
ACTIVE
Days on Market
22
MLS#
22111656
Subtype
Residential
Year Built
1970
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,104
Acres
0.10
Subdivision
Hosbrook Prospect
MLS Area Major
Center

Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.

Additional Information

Interior Features
Attic Access
Taxes
$698
Appliances
None, Gas Water Heater
Air Conditioning
Central Air
Stories
One
Foundation
Block

Listing courtesy of Berkshire Hathaway HomeServices.

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