Average square foot calculated using Size range provided by listing agent.
Description
Amazing investment opportunity! Fully restored triplex only one block from downtown Noblesville! Two 1BR units on the ground level and a 2BR unit on the upper level. Each unit has its own washer & dryer and full kitchens with appliances. All units have separate utilities. 4-space concrete parking lot in the rear. Recently painted exterior trim and interiors. 8% cap rate with market-priced rent (6.1% with current rent). Priced $8 per square ft below Old Town Noblesville average. Poised for great appreciation because of its ideal location. Renters have all been long-term tenants with a history of no vacancies. This is a fully occupied, true turn-key investment. Property is zoned to allow for an additional building if the new owner wants to build another investment property! Get in now to take advantage of beautiful new improvements coming to the downtown streetscape in 2026 - only 1 block away!Show Description
MLS® Number22053041
Laundry LevelLaundry Closet, Laundry Room
Central VacNo
FireplaceNo
Acreage0.18
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
Driveway
Garage Spaces
HeatNatural Gas
A/CCentral Air
Heating Fuel
Extras
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