1661 Budd RdCorydon, IN 47112

Property Details for 1661 Budd Rd

Year built

2012

Property size (Sq ft)

12,194 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a fully occupied portfolio of fourteen meticulously maintained apartments situated on Budd Road in Corydon, Indiana. Comprising seven duplex buildings constructed in 2012, this Class A property boasts a total of 12,194 square feet, offering an attractive price per square foot of $195.12. Each unit provides 871 square feet of living space, featuring two bedrooms, one bathroom, a living room, dining area, and a fully equipped kitchen. Residents enjoy the convenience of a one-car garage and two additional parking spaces per unit. The property benefits from a desirable R-3 zoning designation. All units are currently leased under one-year agreements, with tenants responsible for only water and electric bills, minimizing landlord maintenance responsibilities. This portfolio is ideally suited for investors seeking a stable, low-maintenance, high-occupancy investment in a peaceful, retiree-friendly community. The asking price for this turnkey investment is $2,379,300. Located at 1661 Budd Rd, Corydon, IN 47112, this property offers a compelling return on investment. The modern construction and well-maintained exterior further enhance its appeal.

Location Insight

City

Corydon

County

Harrison

State

Indiana

Latitude

38.2257

Longitude

-86.1375

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