Anderson Multi-Family

1129-1130 W. 39th St.
Anderson, IN 46011

Status Available
Property Type Multi-Family (Garden/Low Rise)
Building Size 7,520 SF
Price $278,000
Current Zoning R2
Acres 2.56
Property Overview

Two (2) apartment buildings for sale in Anderson. Each building contains 4 units, with 2 bedrooms and 1 bath in each. Each unit is approximately 820 sf and the total building size is 3,760 sf. The buildings also contain 1,880 sf of basement/garage space.

North on IN-9 (Dr. Martin Luther King Jr Blvd). East on W 38th St. Take the 3rd right (south) on Madison Avenue. Turn right (west) on W 39th St.
General Listing Information
Acreage 2.56 acres
Building Size 7,520 SF
Current Zoning R2
Property Use Investment
Built Yet Yes
# of Buildings 2
# of Units 8
# of Stories 2
Free Standing Yes
Financial Overview
Asking Price $278,000
Terms Cash to Seller
Buyer Agent Commission 4.0%
Cap Rate 10.30%