10870 Pr 570, Poland, IN 47868
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
10870 Pr 570,Poland, IN 47868
$750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:beth neeley
Office:down home real est & auction
MLS#:22035165
Source:IN_MIBOR
Price summary
- Price:$750,000
About this home
MAKE THIS THE YEAR TO GO INTO THE RENTAL BUSINESS! 5 DUPEXES NEAR CATARACT LAKE WITH 10 UNITS ON OVER 6 ACRES, SOME OF WHICH BORDERS GOVERNMENT GROUND AND POSSIBLY MORE ROOM TO BUILD MORE DUPLEXES ON THIS PROPERTY! These could convert easily to 4BR 2BA homes but the rental income is there! Seller is currently remodeling units as tenants go out and raising rents to a reasonable amount. The need for rentals is ALWAYS THERE AND THIS IS DOWN BY THE LAKE! Go boating, fishing and swimming! The state boat dock launch ramp is down the road with a little country diner who had donuts and GREAT BISCUITS AND GRAVY last time I stopped. The 2 duplexes on State Hwy 42 are part of a HOA that a possibility of renting a boat dock if there was an opening. Rhetta Jeans at Poland for breakfast so East or West you got good food covered! I-70 is a great commute for Indy, Bloomington, Terre Haute and you get to be down by one of the most beautiful lakes in Indiana! Employment for your tenants can be found at the factories within 30 minutes away. Additional almost 4 acres can be bought that is adjacent to the duplexes for $65,000 and has the MOST BEAUTIFUL BUILDING SITE ON IT THAT THRU THE LEAVES YOU GET TO SEE THE LAKE BECAUSE IT BORDERS HARD TO FIND GOVERNMENT PROPERTY! Cataract water. Endeavor High Speed Fiber Internet! 2 Hardware stores with lumber within 15 minutes for project runs! This is the place to start your next investment!
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Home facts
- Year built:1986
- Listing ID #:22035165
- Added:150 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Year built:1986
- Lot area:6.02 Acres
Schools
- High school:Cloverdale High School
- Middle school:Cloverdale Middle School
- Elementary school:Cloverdale Elementary School
Finances and disclosures
- Price:$750,000
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