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Brandon Stewart Realty with Dauby Real Estate
371 & 383 W 12th St, Peru, IN 46970
- $630,000
- 22
- BD
- 15
- BA
- 12,306
- SqFt
Listing courtesy of Cherie Smith from True Realty. Cell: 765-438-5971
- List Price
- $630,000
- Status
- ACTIVE
- MLS#
- 202547048
- Year Built
- 1880
- Days On Market
- Unknown
- Bedrooms
- 22
- Bathrooms
- 15
- Living Area
- 12,306
- Township
- Peru
Property Description
Discover an excellent investment opportunity with this multi-building property featuring a total of 15 rentable units in the heart of Peru (8 one bedroom units and 7 two bedroom units). Spread across multiple structures, this property offers a strong blend of stability and value-add potential for any investor. Many of the units have been freshly painted within the last few years, and several feature updated flooring for improved durability and tenant appeal. Two of the buildings are equipped with long-lasting metal roofs, reducing future maintenance needs and providing added peace of mind. With a mix of month-to-month and long-term leases, this property offers both immediate income and room for strategic rent growth. A rare chance to acquire a multi-unit package with solid fundamentals and continued upside in a steady rental market.
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Additional Information
- Acres
- 1.52
- Taxes
- $6,240
- Lot Features
- Irregular Lot
- Water
- City
- Heating
- Electric, Natural Gas
- Cooling
- Central Air, Window/Wall
- Flooring
- Carpet, Laminate, Vinyl
- School District
- Peru Community Schools
- Elementary School
- Elmwood/Blair Pointe
- Middle School
- Peru
- High School
- Peru
- Agent Name
- Cherie Smith
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 