$1,999,995
For Sale

1002 E 7th Street

Anderson, IN 46012
Listing OfficeKaiser Real Estate Corp.
Browse 10 photos
Type:Purchase
Structure:Condo
Zone:Commercial

Description

Located just steps from the vibrant campus of Anderson University, this rare portfolio of 10 well-maintained condominiums presents a premier investment opportunity in the heart of Anderson, Indiana. Each unit is currently fully occupied, with strong tenant demand and a waitlist of prospective renters - underscoring the property's desirability and consistent income potential. Boasting a Net Operating Income of $127,000 annually, this asset offers investors immediate cash flow with long-term upside in a growing rental market. The property has been professionally maintained, requiring minimal ongoing capital investment, and benefits from a location that ensures continued tenant interest from students, faculty, and local professionals. Whether you're expanding your portfolio or entering the multifamily market, this stable, income-producing asset delivers both performance and peace of mind.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      • School DistrictAnderson Community School Corp
      • Middle SchoolHighland Middle School
      • Structure TypeApartment Complex
      • Property SubtypeMulti-Family 5+
      • FoundationCrawl Space
      • Original List Price$1,999,995
      • Property TypePurchase
      • MLS #22056949
      • MLS #22056949
      • CountyMadison
      • Cost1999995
      • Square Feet17274
      • Year Built1988
      • Parking Spaces2

Location

Chad Everts | E-Rocks Real EstateReal Estate Group
OR

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