Spencer, IN 47460,135 W Wayne
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Spencer, IN 47460,135 W Wayne
Spencer, IN 47460,135 W Wayne
Spencer, IN 47460,135 W Wayne
Spencer, IN 47460,135 W Wayne
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Listed by Taylor Kay • Keith Realty & Auction Group
$ 1,150,000
Est. payment /mo
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135 W Wayne Spencer, IN 47460


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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22021289

Year Built 1995

Tax Year 2024

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Duplex

Property Description

Calling all investors! Looking for a stable, immediate cash flow property in great condition? This lot offers 5 Duplexes with upper/lower units and 1 site built home, all 11 units are currently rented out with a strong rental history and plenty of room for potential revenue. Gravel parking lots in front of the units allow for off street parking for each resident. All 11 units have 2 bedrooms & 1 bathroom, with individual porches for enjoyment, new metal roofs, and the current property manager does routine walk-throughs in Fall & Spring to keep up on repairs. The buildings are structurally in great condition making for a great investment.

Location

State IN

County Owen

Interior

Heating Electric

Cooling Central Electric

Fireplace N

Exterior

Roof Type Metal

Building

New Construction false

Schools

Elementary Schools Spencer Elementary School

Middle Schools Owen Valley Middle School

High Schools Owen Valley Community High School

School District Spencer-Owen Community Schools


MIBOR MLS

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Jeff Landers

Real Estate Advisor | License ID: RB14050540

+1(317) 750-9767

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I simply cannot recommend Jeff enough to anyone considering buying or selling a home. My experience with him selling my first house has confirmed in my mind that he is absolutely the best in the business. Not only is Jeff outstandingly professional, knowledgeable and experienced but he constantly and consistently went above and beyond for me during this process. His willingness to listen to me when I was panicking and calm me down and go to bat for me in difficult situations is something I am incredibly grateful for. I trust Jeff implicitly and was never steered wrong throughout the entire process. 5 stars is not enough to express my gratitude and stellar experience with Jeff.

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