Richmond, IN 47374,2104 Grand BLVD
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Richmond, IN 47374,2104 Grand BLVD
Richmond, IN 47374,2104 Grand BLVD
Richmond, IN 47374,2104 Grand BLVD
Richmond, IN 47374,2104 Grand BLVD
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Listed by Justin Lowe • Ellsbury Commerical Group
$ 135,000
Est. payment /mo
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Pending

2104 Grand BLVD Richmond, IN 47374

3,920 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22072116

Year Built 1900

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Property Description

Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.

Location

State IN

County Wayne

Interior

Cooling Window Unit(s)

Fireplace N

Building

Story Two

New Construction false

Schools

School District Richmond Community Schools


MIBOR MLS

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 12
  • 6

    Charles Elementary School

    Public | PK - 4

  • 5

    Crestdale Elementary School

    Public | PK - 4

  • 5

    Elizabeth Starr Academy for Young Ent

    Public | PK - 4

  • 4

    Dennis Intermediate School

    Public | 5 - 8

  • 4

    Fairview Elementary School

    Public | PK - 4

  • 3

    Test Intermediate School

    Public | 5 - 8

  • 2

    Vaile Elementary School

    Public | PK - 4

  • 0

    Seton Catholic Elementary School

    Private | PK - 6

  • 0

    Richmond Friends School

    Private | PK - 7

  • 0

    Community Youth Services

    Public | KG - 12

  • 0

    Richmond Academy

    Private | KG - 12

  • 0

    Community Christian School

    Private | PK - 8

Middle Schools 1
  • 0

    Seton Catholic High School

    Private | 7 - 12

High Schools 2
  • 5

    Richmond High School

    Public | 9 - 12

  • 0

    The Excel Center - Richmond

    Public | 9 - 12

School and business data provided by Attom Data.
James Wilson

James Wilson

Broker | License ID: RB14027290

+1(317) 289-5969

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2104 Grand BLVD