3155 Sycamore Drive
Columbus, IN 47203
- – beds
- – baths
- – sqft
- 13,068 sqft lot
- 1969 build
More homes
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.
Listing courtesy of MIBOR / Berkshire Hathaway Home
Last checked:
Checking…
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Last updated Oct 24, 2024
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MLS# 21998264 —
The Building
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Year Built:1969
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New Construction:false
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Levels:Multi/Split
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Basement:false
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Foundation Details:Slab
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Security Features:Security System, Smoke Alarm
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Green Certification:No
Interior
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Laundry Features:Connections All
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:GPS Friendly
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Latitude:39.231548
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Longitude:-85.91858
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Property Attached:false
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Parcel Number:039512430001290005
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Acres:1/4-1/2 Acre
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Lot Size Acres:0.3
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Lot Size SqFt:13,068 Sqft
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Price Per Acre:2233333
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Additional Parcels:false
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View:false
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Waterfront:false
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Current Use:Apt>20
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Possible Use:Apt>20
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Road Access:See Remarks
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (812) 350-0973
- Office phone:
- (812) 378-3331
Taxes
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Tax Lot:25
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Tax Year:2023
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Tax Exemptions:Homestead Tax Exemption,Mortgage Tax Exemption
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Semi Annual Property Tax Amt:3659
Utilities
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Solid Waste:No
Schools
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High School District:Bartholomew Con School Corp
The Community
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Subdivision Name:Forest Park West
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/23/24
Oct 23, 2024
|
Sold | MIBOR | $670,000 | -4.3% |
9/16/24
Sep 16, 2024
|
Pending | MIBOR | $699,900 | |
8/26/24
Aug 26, 2024
|
Listed / Active | MIBOR | $699,900 |