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6065 State Road 42

Owen County IN 47868

23522 sq. ft.
Duplex
Currently for sale - view listing

Overview

Income Opportunity near Cataract Lake. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant.

Features

23522 sq. ft. lot size
Duplex

Happy sellers in Owen County

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Local market activity for duplexes in Owen County

In the last 12 months, 1 duplex similar to 6065 State Road 42, have been sold.

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