3155 Sycamore Drive Columbus, IN 47203
0 bath / 13,068 Sq. Ft., 0.3 acres lot size / Other
Status: Pending
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Discover this beautifully renovated quadplex, a fantastic investment opportunity nestled in a sought-after neighborhood. Each of the four units offers approximate 975 square feet of comfortable living space, making it ideal for both long-term and short-term rentals or an excellent house hacking opportunity. Each unit features 2 spacious bedrooms and 1.5 bathrooms, providing ample space for tenants or owners. The layout includes a cozy living room, a well-appointed kitchen, and a dining area, all designed for modern living. Enjoy the privacy of a separate entrance for each unit, enhancing the appeal for renters or owners who value independence. The entire property has been meticulously updated over the past 2-3 years, ensuring a move-in ready experience. Upgrades include all-new appliances and three new A/C furnaces, offering energy efficiency and reliability. Currently, two units are leased as long-term rentals, while the other two serve as successful Airbnb rentals, providing a blend of steady-income and high revenue potential. Each unit comes with its own designated parking spot, adding convenience for residents. Additionally, a wonderful outdoor area offers a communal space for relaxation or entertaining guests. Situation in a great neighborhood known for its charm and conveniences, this property offers easy access to location amenities, schools, parks, and public transportation. The area's appeal ensures strong rental demand and potential for long-term appreciation. Whether you're an investor looking to expand your portfolio or a savvy buyer interested in house hacking, this quadplex presents an outstanding opportunity. Live in one unit while renting out the others to cover your mortgage and generate additional income. The mix of long-term and short-term rentals provides a flexible strategy to maximize returns based on your financial goals. This is more than just a property; it's a chance to secure a solid investment in a thriving community.
property details
Type
Other
Status
Pending
County
Bartholomew
Year Built
1969
Lot Size
13,068 Sq. Ft., 0.3 acres
Listing Id
21998264
Courtesy Of
Becky DeHart-Kiel - Berkshire Hathaway Home becky_dehart@yahoo.com
List Office Phone
+1 (812) 378-3331
Subdivision
Forest Park West
Exterior Features
Foundation
Slab
Utility & Building Info
Parcel Number
039512430001290005
Tax Amount
7318
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
09/16/2024
09/16/2024
|
Pending |
$699,900
|
MIBOR- Indianapolis Board of Realtors |
|
08/26/2024
08/26/2024
|
Active |
$699,900
|
MIBOR- Indianapolis Board of Realtors |
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Market Trends
Source: Constellation1
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