306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
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306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
306 N State Street
For Sale

306 N State Street

306 N State Street, Greenfield, IN 46140

$630,000
Seize this rare opportunity to acquire three fully rented residential properties in the heart of Greenfield, Indiana! With 9 total units, this package delivers immediate cash flow, minimal management hassle, and strong appreciation potential in one of Indiana's fastest-growing markets. 203 N Pennsylvania St., Greenfield, IN 46140 - Quadplex (4 Units), 306 N State St., Greenfield, IN 46140 - Triplex (3 Units), 216 E Lincoln St., Greenfield, IN 46140 - Duplex (2 Units). 100% Occupied & Turnkey - All tenants are thoroughly screened, financially stable, and qualified. Strong Rental Income - Generating $80,400/year in rents with potential for increases. High Cap Rate (+/- 7%) - A fantastic return for a cash buyer. Utilities run approximately $14,000 per year for all three properties. Either Rent, flip, or hold - this portfolio is built for flexibility. Package Deal Savings - Buy all three properties together for the best value! Tours are available after proof of financing and funds have been verified. Secure this cash-flowing, low-maintenance investment today! $4,573.03 - Total utilities for year 2024. Tenants pay an additional $80.00 per month for utilities.

7,449 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area7,449 Sq.Ft.
  • MLS® ID22024250
  • TypeMulti-Family
  • YEAR BUILT1900
  • Middle SchoolGreenfield Central Junior High Sch
  • High SchoolGreenfield-Central High School
  • School DistrictGreenfield-Central Com Schools

Exterior

  • STORIES2

Financial

  • Sales Price$630,000

Work With Cara

Cara holds esteemed certifications as a negotiation expert and a Luxury Home Marketing Specialist, showcasing her mastery in the art of deal-making and her profound understanding of the high-end property market. With a strategic approach, she harnesses the power of cutting-edge digital technology, employing an array of sophisticated tactics in real estate sales and marketing. This enables her to effectively showcase properties, engage potential buyers, and secure optimal outcomes in the dynamic real estate landscape.