10
See all 10 photos
$350,000
Est. payment /mo
2.1 Acres Lot
New
3471 W Pin Oak CT Madison, IN 47250
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202608072
Construction Status Resale
Year Built 1990
Annual Tax Amount $3,090
Lot Size 2.104 Acres
Acres 2.104
Property Sub-Type Multi Family
Property Description
Value-Add Investment Opportunity in Madison, Indiana! This mobile home park features 8 total rental spots along with an additional single-family home and garage located on the property, providing multiple income streams. Property is being sold strictly as-is and priced to reflect its current condition. Exterior components, mechanical systems, and interior finishes will all require attention and a substantial capital improvement budget should be anticipated prior to stabilization. Significant deferred maintenance is present throughout the property. Cash buyers with construction resources and value-add experience strongly preferred.
Conveniently located near local amenities, employment centers, and major routes, this property is well-positioned in a market with consistent affordable housing demand. Value-add opportunities include rental increases, infill optimization, and property-wide improvements. A rare chance to acquire a distressed multi-unit income property at a price that reflects the work ahead and strong long-term upside for the right investor.
Conveniently located near local amenities, employment centers, and major routes, this property is well-positioned in a market with consistent affordable housing demand. Value-add opportunities include rental increases, infill optimization, and property-wide improvements. A rare chance to acquire a distressed multi-unit income property at a price that reflects the work ahead and strong long-term upside for the right investor.
Location
State IN
County Jefferson_ I N
Interior
Fireplace No
Exterior
Present Use Multi-Family,Other,Residential,Single Family
Building
New Construction No
Construction Status Resale
Others
Tax ID 0100128600
Virtual Tour https://www.corelistingmachine.com/home2/83PAKX
Listed by NextHome Wilson Real Estate