701-703 N College Avenue, Rensselaer, IN 47978
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701-703 N College Avenue, Rensselaer, IN 47978
701-703 N College Avenue, Rensselaer, IN 47978
701-703 N College Avenue, Rensselaer, IN 47978
701-703 N College Avenue, Rensselaer, IN 47978
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701-703 N College Avenue Rensselaer, IN 47978

4 Beds

2 Baths

8,015 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Thompsons Add

MLS Listing ID 844081

Bedrooms 4

Year Built 2012

Annual Tax Amount $1,990

Tax Year 2025

Lot Size 8,015 Sqft

Property Sub-Type Duplex

Property Description

Excellent Investment Opportunity! This well-maintained, fully furnished duplex offers established rental income and a convenient location. Both units are furnished and ready for continued use, providing added value and convenience for the next owner. Each unit offers a living room, dining area, fully-applianced kitchen, tiled bathroom w/heated floors, 2 bedrooms, & 1 car att. garage. Also, each patio door leads to their own private outdoor patio space, making this property an attractive option for an investor seeking an income-producing property. The property also provides flexibility for an owner-occupant who may choose to live in one unit while renting the other. In addition, future strategy potential exists to explore possibly a condominium conversion. Conveniently located on a corner lot in town, just off the I-65/SR 114 corridor, this property combines location, condition, furnishings, & income potential. Whether you're looking to expand an investment portfolio, pursue an owner-occupied strategy, or explore the potential for future condominium conversion and separate sale, this property offers multiple possibilities.

Location

State IN

County Jasper

Zoning Residential

Interior

Interior Features Ceiling Fan(s), Other

Heating Forced Air, Unit Control, Natural Gas

Cooling Central Air, Unit Control, Ceiling Fan(s)

Flooring Laminate, Tile

Fireplace No

Appliance Dryer, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher

Exterior

Exterior Feature Other, Private Yard

Parking Features Concrete, Garage Door Opener, Attached, Garage Faces Front, Driveway

Garage Spaces 2.0

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Roof Type Asphalt,Shingle

Building

Lot Description Corner Lot, Rectangular Lot, Landscaped

Foundation Slab

Schools

School District Rensselaer Central

Others

Acceptable Financing Cash, FHA, Conventional

Listing Terms Cash, FHA, Conventional

Listed by Jenkins Real Estate, Inc.
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701-703 N College Avenue

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