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100 Lee St Shirley, IN 47384

For Sale
$650,000

Partially renovated multifamily property with immediate income-generating potential in Shirley.

Building Details

Year built
1991

Source: Ian Stroud Agent Ian Stroud

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Investment Opportunity in Shirley

This multifamily property features 5 duplexes, each with a single-car garage. Constructed in 1991 and partially renovated in 2024, the 9,500 square foot building contains 10 units, with 3 having been renovated. The property is zoned PUD and is located in the Shirley area within the Anderson MSA, offering access to a strong rental market. With 100% occupancy, this property presents an investment opportunity with immediate income-generating potential. Situated in Shirley, Indiana, the location provides tranquil surroundings and convenient access to local amenities, making it an attractive choice for potential tenants. Shirley Villas is located near Shirley Park, offering residents a peaceful retreat and proximity to dining options and retail centers. The property offers modern living spaces within a desirable location, with the possibility for a future investor to complete the renovations. This property allows multifamily investors to capitalize on the growing demand for quality housing.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Department Store Bar & Pub Wine and Liquor Store Italian Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Shirley
County
Henry
State
Indiana
Longitude
-85.5743741
Latitude
39.8876284

FAQs

What type of property is this?
Duplex - Partially renovated multifamily property with immediate income-generating potential in Shirley.
Where is this duplex located?
The property is located at 100 Lee St Shirley, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - 100% Occupancy: Immediate income potential.; - Multifamily Investment Opportunity: 5 duplexes (10 units total) in a desirable location.; - Recent Partial Renovations: 3 units renovated in 2024, offering potential for increased rental income.
More about this property
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