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Listed by Steve Slavin • Coldwell Banker Real Estate Group
$ 190,900
Est. payment /mo
New
202-204 Mill ST Gaston, IN 47342
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22056816
Year Built 2006
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Prime Investment Opportunity in Gaston! This full-brick duplex, built in 2006, is one of the best investment properties in the area. Each side offers 1,101 sq ft with 2 bedrooms, 1 bath, interior laundry, a spacious living room, and an oak cabinet kitchen complete with appliances (refrigerator, dishwasher, range, microwave, and water softener). One unit is currently leased at $850/month, while the freshly remodeled vacant unit is ready to lease at $900/month. Tenants pay all utilities, and both units feature high-efficiency furnaces and owned water softeners-keeping operating costs low. Once fully rented, you should see around $21,000 a year in annual gross rent. The vacant unit has been recently updated with new flooring, fresh interior paint, a new gas stove, and a modernized bathroom. Outside, you'll find plenty of street parking and the option to add a privacy fence on the south side for extra separation from neighboring businesses. This property has been meticulously maintained and is truly turn-key. Don't miss your chance-schedule a showing today!
Location
State IN
County Delaware
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Building
Story One
Foundation Crawl Space
Structure Type Brick
New Construction false
Schools
Elementary Schools Wes-Del Elementary School
High Schools Wes-Del Middle/Senior High School
School District Wes-Del Community Schools
Others
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