311 Riverside Drive

Huntington, IN 46750

$174,900
Price
3
Beds
3
Baths
1,108 Sq. Ft.
$158 / Sq. Ft.
1,108
Sq. Ft.
$158
per Sq. Ft.

Description

Welcome to this fantastic investment opportunity! This recently renovated two-story triplex is located just south of the river in Huntington and features three charming 1-bedroom, 1-bathroom units. Currently, two of the units are rented out, providing immediate income potential, while the third unit is vacant, offering the flexibility to either rent it out or occupy it yourself. Each unit has been updated and comes fully equipped with kitchen appliances including, stoves and refrigerators. With its...Welcome to this fantastic investment opportunity! This recently renovated two-story triplex is located just south of the river in Huntington and features three charming 1-bedroom, 1-bathroom units. Currently, two of the units are rented out, providing immediate income potential, while the third unit is vacant, offering the flexibility to either rent it out or occupy it yourself. Each unit has been updated and comes fully equipped with kitchen appliances including, stoves and refrigerators. With its prime location and strong rental history, this triplex is an excellent opportunity for investors looking to expand their portfolio. Don't miss out on this chance to own a turn key profitable income property. The main building was recently renovated with new roof, exterior paint and gutters, interior updates in all three units however there is also a separate two bedroom unit located directly behind the main building that still needs completely renovated adding tons of future potential to this property.
  1. Listed by John Lundquist • Lundquist Appraisals & Real Estate
  2. Listed by Ashley Bricker • Lundquist Appraisals & Real Estate

Property Details for 311 Riverside Drive

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of Lundquist Appraisals & Real Estate
Add your commute
LISTING UPDATED: 04/30/2024 02:31 PM

Property Details for 311 Riverside Drive

StatusCont - Accptng Backup Offers
MLS #202409948
Days on Market35
Taxes$1,643 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1918
Lot Size0.12 AC / 5,227 SF
CountyHuntington County

Location

Listing Courtesy of Lundquist Appraisals & Real Estate
Add your commute

Building Information for 311 Riverside Drive

Stories2Residences3Year Built1918Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,091 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 Riverside Drive

Summary
Location and General Information
  • Area: Huntington County
  • City: Huntington
  • Zip Code: 46750
  • State: IN
  • Township: Huntington
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18069
  • Directions To Property: Take Jefferson st south across the river to Riverside Dr continue to address.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 35-05-14-300-422.000-005
School Information
  • School District: Huntington County Community
  • Elementary: Horace Mann
  • Middle School: Riverview
  • High School: Huntington North
Parking
  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.12
  • Lot Dimensions: 31 x 135
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1108.0
  • Upper Level Sqft: 518.0
  • Approx Lot Size Sqft: 5227.0
  • Above Grade Finished Sqft: 1108.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1108.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Main Level Sqft: 1108.0
Property and Assessments
  • New Construction: No
  • Year Built: 1918
  • Age: 106
  • Planned Unit Development: No
Utilities
  • Electric Company: Duke Energy Indiana
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Porch Covered
  • Exterior: Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 3
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: Central Air
  • Flooring: Laminate, Part Carpet, Vinyl
  • Heating/Fuel: Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 3
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $1,800.00
  • Annual Gross Rent $: $25,200
  • Annual Insurance Expense: $1,430
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $18,647
  • Annual Property Tax: $1,643
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,680
  • Gross Monthly Income: $2,100
  • Gross Monthly Rent: $2,100
Unit Information
Unit 1
  • Unit 1 SqFt: 558
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Gas: Owner
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Main
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $700
Unit 2
  • Unit 2 SqFt: 492
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Gas: Owner
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Main
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $700
Unit 3
  • Unit 3 SqFt: 648
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: No
  • Unit 3-Electric: Tenant
  • Unit 3-Garage Type: None
  • Unit 3-Garage: No
  • Unit 3-Gas: Owner
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $700
Rental
Rental Information
  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Property History for 311 Riverside Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 311 Riverside Drive

Taxable ValueLand$5,700Additions$74,500Total$80,200
Tax Record2022$1,530 ($128 / month)
Home Facts
Beds5Baths4Total Finished SqFt2,076 SqFtAbove Grade Finished SqFt2,076 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1918CountyHUNTINGTONAPN35-05-14-300-422.000-005

Schools near 311 Riverside Drive

This home is within Huntington County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Crestview Middle School
Public6 to 8

Huntington North High School
Public9 to 12

Horace Mann Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lundquist Appraisals & Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.