Jackie Jacobs

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1303-1305 Sycamore Street
Anderson, IN 46016

$127,900 - Status: Active
SQFT: 2,870
MLS# 202613963

This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.

Property Features

MLS#: 202613963
Zip: 46016
Subdivision: Englewood
Development: Anderson
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Unfinished
Cooling: Central Air
Days on Site: 8
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.11 acres
Stories: 1.5
Year Built: 1944

Feature Descriptions

Above Grade Finished SQFT: 2870
Amenities: Basement
Exterior: Vinyl
Lot Description: Level
Lot Dimensions: 50x100
Owner Pays: Tax
Sale Inclusions: Building, Lease
Sewer: City
Tenant Pays: Electric, Fuel, Sewer, Water
Total Finished SQFT: 2870
Units: 2
Water: City

Local Schools

High School: Anderson
Middle School: Highland
Elementary School: Anderson
School District: Anderson Community

1303-1305 Sycamore Street | MLS# 202613963

This multi-family property located at 1303-1305 Sycamore Street, Anderson, IN 46016 is currently listed for sale with an asking price of $127,900. 1303-1305 Sycamore Street is located within the Anderson Community school district. Search Anderson real estate on jjacobs.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Groups
Agency Contact: Cell: 765-744-9500
Agent Name: Ryan Orr

Shown By

Agent Name: Jackie Jacobs
Agent Phone: (574) 520-7707
Agency Title: Coldwell Banker 1st Choice

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Coldwell Banker 1st Choice Jackie Jacobs (574) 520-7707

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