About 900 E Cherry Street
Strong income-producing triplex with great tenants in Petersburg! This fully occupied property features three units, including two 2-bedroom units and one 1-bedroom unit, all supported by a consistent rental history and expenses kept to a minimum. All units include appliances, updated kitchen cabinets, and have solid hardwood floors, giving a more resiliant option compared to other flooring types. Off-street parking adds additional tenant benefit and the storage area works out great for the property manager or owner to store equipment. This is a stabilized asset ideal for investors seeking reliable cash flow, low vacancy risk, and a solid addition to a growing portfolio. Don't miss this opportunity to step into an already performing property from day one and start your rental portfolio or add another quality asset to the list!
Features of 900 E Cherry Street
| MLS® # | 202614906 |
|---|---|
| Price | $249,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,316 |
| Acres | 0.25 |
| Year Built | 1920 |
| Type | Multifamily |
| Sub-Type | Triplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 900 E Cherry Street |
|---|---|
| Subdivision | None |
| City | Petersburg |
| County | Pike County |
| State | IN |
| Zip Code | 47567 |
Amenities
| Amenities | Sidewalks |
|---|---|
| Features | Ceiling Fan, Off Street Parking, Bar, Cable Ready, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Kitchen Island, Porch Covered, Porch Open, Water Heater Gas, Washer Hook-Up |
| Parking Spaces | 4 |
| Parking | Gravel, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Wood |
|---|---|
| Heating | Gas, Forced Air, Multiple Heating Systems |
| Cooling | Central Air, Window, Multiple Cooling Units |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | Yes |
| Basement | Crawl |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | Corner, Slope |
| Roof | Asphalt |
| Construction | No |
School Information
| District | Pike County School Corp. |
|---|---|
| Elementary | Petersburg |
| Middle | Pike Central |
| High | Pike Central |
Additional Information
| Days on Market | 137 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Tyler Simmons |
|---|---|
| Office | KLEIN RLTY&AUCTION, INC. |
| Contact Info | Cell: 812-890-1827 |