3155 Sycamore DR Pending Save Request In-Person Tour Request Virtual Tour
Columbus,IN 47203
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Subdivision Forest Park West
MLS Listing ID 21998264
Year Built 1969
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Property Description
Discover this beautifully renovated quadplex, a fantastic investment opportunity nestled in a sought-after neighborhood. Each of the four units offers approximate 975 square feet of comfortable living space, making it ideal for both long-term and short-term rentals or an excellent house hacking opportunity. Each unit features 2 spacious bedrooms and 1.5 bathrooms, providing ample space for tenants or owners. The layout includes a cozy living room, a well-appointed kitchen, and a dining area, all designed for modern living. Enjoy the privacy of a separate entrance for each unit, enhancing the appeal for renters or owners who value independence. The entire property has been meticulously updated over the past 2-3 years, ensuring a move-in ready experience. Upgrades include all-new appliances and three new A/C furnaces, offering energy efficiency and reliability. Currently, two units are leased as long-term rentals, while the other two serve as successful Airbnb rentals, providing a blend of steady-income and high revenue potential. Each unit comes with its own designated parking spot, adding convenience for residents. Additionally, a wonderful outdoor area offers a communal space for relaxation or entertaining guests. Situation in a great neighborhood known for its charm and conveniences, this property offers easy access to location amenities, schools, parks, and public transportation. The area's appeal ensures strong rental demand and potential for long-term appreciation. Whether you're an investor looking to expand your portfolio or a savvy buyer interested in house hacking, this quadplex presents an outstanding opportunity. Live in one unit while renting out the others to cover your mortgage and generate additional income. The mix of long-term and short-term rentals provides a flexible strategy to maximize returns based on your financial goals. This is more than just a property; it's a chance to secure a solid investment in a thriving community.
Location
State IN
County Bartholomew
Interior
Fireplace N
Exterior
Waterfront false
View Y/N false
Building
Story Multi/Split
Foundation Slab
New Construction false
Schools
School District Bartholomew Con School Corp