3471 W Pin Oak Court,Madison, IN 47250
Madison, IN 47250
Description
Value-Add Investment Opportunity in Madison, Indiana! This mobile home park features 8 total rental spots along with an additional single-family home and garage located on the property, providing multiple income streams. Property is being sold strictly as-is and priced to reflect its current condition. Exterior components, mechanical systems, and interior finishes will all require attention and a substantial capital improvement budget should be anticipated prior to stabilization. Significant deferred maintenance is present throughout the property. Cash buyers with construction resources and value-add experience strongly preferred. Conveniently located near local amenities, employment centers, and major routes, this property is well-positioned in a market with consistent affordable housing demand. Value-add opportunities include rental increases, infill optimization, and property-wide improvements. A rare chance to acquire a distressed multi-unit income property at a price that reflects the work ahead and strong long-term upside for the right investor.
Details
| MLS # | 202608072 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 110 |
| Listing Provided By | NextHome Wilson Real Estate | Stephannie Wilson |
Features
| SQ Feet | 1,296 |
|---|---|
| Acreage | 2.10 |
Taxes
| Tax Annual Amount | 3090 |
|---|
Area Information
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Madison |
| Zip Code | 47250 |
| Listing VS Median (in 47250) | |
Price: $350,000 low | high Med: $333,700 sqft: 1,296 low | high Med: 1,820 $ / sqft: $270 low | high Med: $185 On site: 110 low | high Med: 48 | |
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Learn More About This Property
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Madison |
| Zip Code | 47250 |
| Listing VS Median (in 47250) | |
Price: $350,000 low | high Med: $333,700 sqft: 1,296 low | high Med: 1,820 $ / sqft: $270 low | high Med: $185 On site: 110 low | high Med: 48 | |
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