527 Henry St, Huntington, IN 46750

Description

Well-maintained fully rented 4-unit multifamily in a great location close to downtown with a strong income profile and immediate upside. Extensively remodeled throughout: updated plumbing and electrical, energy-efficient windows, premium siding, and renovated units with quality finishes. This is a clean, well-cared-for building, done with the intention of a long-term keep. Current owner uses the garage for storage - potential rental at $100-$150/mo that's not included in the numbers. Current rents are: $950, $1050, $950, $950. Value-add upside: two furnaces in place to add central AC and lift rents; owner-paid utilities can be sub-metered or recaptured; garage and 800+ sq...