IN > Poland > No Subdivision
Poland, IN 47868,10870 PR 570
Poland, IN 47868,10870 PR 570
Poland, IN 47868,10870 PR 570
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Listed by Beth Neeley • Down Home Real Est & Auction
$750,000
Est. payment /mo
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6.02 Acres Lot
New

10870 PR 570 Poland, IN 47868

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Audri McGrane

Audri McGrane

+1(317) 509-9729

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22035165

Year Built 1986

Tax Year 2024

Lot Size 6.020 Acres

Acres 6.02

Property Sub-Type Duplex

Property Description

MAKE THIS THE YEAR TO GO INTO THE RENTAL BUSINESS! 5 DUPEXES NEAR CATARACT LAKE WITH 10 UNITS ON OVER 6 ACRES, SOME OF WHICH BORDERS GOVERNMENT GROUND AND POSSIBLY MORE ROOM TO BUILD MORE DUPLEXES ON THIS PROPERTY! These could convert easily to 4BR 2BA homes but the rental income is there! Seller is currently remodeling units as tenants go out and raising rents to a reasonable amount. The need for rentals is ALWAYS THERE AND THIS IS DOWN BY THE LAKE! Go boating, fishing and swimming! The state boat dock launch ramp is down the road with a little country diner who had donuts and GREAT BISCUITS AND GRAVY last time I stopped. The 2 duplexes on State Hwy 42 are part of a HOA that a possibility of renting a boat dock if there was an opening. Rhetta Jeans at Poland for breakfast so East or West you got good food covered! I-70 is a great commute for Indy, Bloomington, Terre Haute and you get to be down by one of the most beautiful lakes in Indiana! Employment for your tenants can be found at the factories within 30 minutes away. Additional almost 4 acres can be bought that is adjacent to the duplexes for $65,000 and has the MOST BEAUTIFUL BUILDING SITE ON IT THAT THRU THE LEAVES YOU GET TO SEE THE LAKE BECAUSE IT BORDERS HARD TO FIND GOVERNMENT PROPERTY! Cataract water. Endeavor High Speed Fiber Internet! 2 Hardware stores with lumber within 15 minutes for project runs! This is the place to start your next investment!

Location

State IN

County Owen

Interior

Heating Baseboard

Cooling Window Unit(s)

Fireplace N

Building

New Construction false

Schools

Elementary Schools Cloverdale Elementary School

Middle Schools Cloverdale Middle School

High Schools Cloverdale High School

School District Cloverdale Community Schools

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Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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10870 PR 570

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