110 S Cowen Street, Garrett, IN 46738
- $220,000
- 5
- BD
- 3
- BA
- 3,342
- SqFt
- List Price
- $220,000
- Status
- ACTIVE
- MLS#
- 202625190
- Days on Market
- 0
- Style
- Two Story
- Year Built
- 1900
- Days On Market
- 0
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 3,342
- Above grade
- 2272
- Township
- Keyser
Property Description
TRIPLEX in DeKalb County. This brick home situated on 2 lots near downtown Garrett is a turn key investment. Unit 1 (vacant for showings:upstairs) rents is a 3 bed 1 bath and rents for $975, unit 2 is 1 bed 1 bath and rents for $685 (month to month lease, unit 3 is a 1 bed 1 bath and rents for $675 (expires 1-31-27). $2335 monthly income! Property insurance is $926/yr and taxes are $2843/yr. Each unit is RUBS Water/sewer/trash. Professional management in place. 1 water/sewer meter, 3 electric meters, basement access from exterior. Each unit has a stove/refrigerator. Unit 1 has a gas furnace (1 gas meter). Unit 2 is electric baseboard. Unit 3 is all electric baseboard heat. Parking in the rear of unit. Owner pays to mow lawn. Year 1 Estimated Value: $228,800 Year 1 Appreciation Gain: $8,800 Year 1 ROI on Cash Invested: 19.6% Year 5 Estimated Value: $267,664 Year 5 Appreciation Gain: $47,664 Year 5 ROI on Cash Invested: 105.9%
Additional Information
- Acres
- 0.14
- Taxes
- $926
- Exterior
- Brick
- Heating
- Baseboard, Forced Air
- Cooling
- Window
- Appliances
- Building, Lease
- Flooring
- Carpet, Laminate
- Amenities
- Basement, Ceiling Fan, Fireplace, Off Street Parking, Ceiling-9+, Detector-Carbon Monoxide, Detector-Smoke, Water Heater Electric, Sump Pump
- School District
- Garrett Keyser Butler
- Elementary School
- J.E. Ober
- Middle School
- Garrett
- High School
- Garrett
- Agent Name
- Tammie Jones
Listing courtesy of Tammie Jones from Open Door Rentals and Real Est. 260-333-7368
IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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