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106 W Grace ST Rensselaer, IN 47978
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Key Details
Sold Price $192,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,625 sqft
Price per Sqft $22
Subdivision Benj Add
MLS Listing ID 830642
Sold Date 12/12/25
Bedrooms 8
Full Baths 5
Year Built 1948
Annual Tax Amount $1,228
Tax Year 2024
Lot Size 8,624 Sqft
Acres 0.198
Property Sub-Type Apartment
Property Description
Excellent Investment Opportunity - 5-Unit Multi-Family Property Near Downtown. Unlock strong rental potential with this 5-unit apartment building situated on a desirable corner lot just minutes from downtown amenities. The property features a great unit mix appealing to a wide tenant base, including one 3-bedroom unit, one 2-bedroom unit, and three 1-bedroom units--each offering 1 full bathroom. Tenants enjoy off-street parking with a dedicated parking lot. Whether you're expanding your portfolio or seeking your first multi-unit investment, this property offers steady cash flow potential.
Location
State IN
County Jasper
Zoning Business
Interior
Interior Features None
Heating Central, Natural Gas, Forced Air
Fireplace N
Appliance Microwave, Refrigerator, Range
Exterior
Exterior Feature Rain Gutters
View Y/N true
View true
Building
Lot Description Corner Lot
Story Two
Schools
School District Rensselaer Central
Others
Tax ID 370730011017019027
SqFt Source Assessor
Acceptable Financing NRA20251111161042332202000000
Listing Terms NRA20251111161042332202000000
Financing Conventional
Pets Allowed Number Limit
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Bought with Complete Asset Protection Serv