907 Union St Kokomo, IN 46901
- Multifamily properties
- 4,351 SF
- 0.19 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 907 Union St
- Year built
- 1895
- Lot size
- 0.19 lot acres
- Property size
- 4,351 SF
- Property type
- Multifamily properties
Description
This exceptional Kokomo investment opportunity presents a lucrative chance to acquire a renovated sixplex situated on a 0.19-acre lot at 907 S Union Street. The property boasts 4,351 square feet and currently features four occupied rental units, generating immediate income. Two units are currently vacant, offering immediate potential for increased revenue. The property's recent renovations ensure a strong foundation for continued profitability. In addition to the sixplex, a single-family detached house is included on the property. This house requires rehabilitation and presents an additional opportunity for value enhancement and rental income. The combined property offers significant potential for a savvy investor. This property is listed at $310,000. Note that this property can be purchased as part of a package deal with additional multi-family properties (properties 22014041 and 22014061). This package deal presents an even greater opportunity for portfolio expansion and increased returns. The location in Kokomo, Indiana provides access to a strong rental market. The property's size and layout offer flexibility for various investment strategies. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial statements and property reports are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Longitude
- -86.13011
- Latitude
- 40.47743
