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118 N Clay St

Mooresville IN 46158

4
2
1670 sq. ft.
5097 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Be a savvy buyer with this DUPLEX! Live in one side and rent the other! It is an excellent opportunity to have immediate income to "help pay the mortgage"! Tenant rights apply to the 118 N Clay side, through 9/15/26! At that point, you could enter into a new lease to continue generating income from the long-term tenant. Or... bring in your own tenant. Or... put whomever you want in one side while you live in the other! This property truly offers multiple options for the new owner! It is an excellent investment from the solid lime stone exterior to the crisp and clean interior, this is an absolute winner! Spanning a total of 1,670 square feet, both sides offer 2 bedrooms and 1 bathroom, making it highly marketable. The property underwent a total remodel in 2019, including both kitchens and baths and updating the floor plans, smart & efficiently making the most of the 835 sq ft per unit. It has maintained a strong occupancy since it was purchased. The long-term tenant proves the quality of the home and desirability of the location. The other side has never gone more than 7 days vacant! This reflects the highly competitive rental market in Mooresville. The duplex sits on a quiet corner lot and offers plenty of off-street parking for one unit and a private driveway for the other unit. Become a smart investmentor, come see it today!

Features

4 bedrooms
2 bathrooms
1670 sq. ft. floor area
5097 sq. ft. lot size
Single-Family

Property history for 118 N Clay St

2019
Sold
$115,000
09 Jul 2019 by Patsy Coffey, of Carpenter Realtors - Mooresville

Happy sellers in Mooresville

95%
95% of sellers in Mooresville reported that their sale price either exceeded or met their price expectations.

Mooresville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Mooresville over the last 12 months.

Local market activity for 4 bedroom single-family properties in Mooresville

In the last 12 months, 53 four-bedroom single-family properties similar to 118 N Clay St, have been sold.

This represents a 23% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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