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Investment Opportunity Awaits in North Hill! Discover this long-time income-producing property featuring a very large, side-by-side duplex with all separate utilities. Each unit boasts a spacious layout with a kitchen, dining, and living room on the 1st floor. The 2nd floor offers 3 generously sized bedrooms and a full bath, while the 3rd floor provides attic storage that is locked off for added security. This vinyl-sided property has a roof that is only 8-10 years old and mostly updated windows. Recent upgrades have been made to ensure the property is in great condition. The apartments are duplicates but reversed, offering a unique layout for each unit. One unit is currently rented with a newer tenant, while the other is rent-ready for you to choose your own tenant. Located in the desirable North Hill area, this property boasts a remarkable 17.5% cap rate, making it a fantastic investment opportunity!
| DAYS ON MARKET | 1 | LAST UPDATED | 9/15/2025 |
|---|---|---|---|
| YEAR BUILT | 1901 | COMMUNITY | =New Castle/2nd" class="dsidx-reg-link">New Castle/2nd |
| COUNTY | Lawrence | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | New Castle/2nd |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| LOT | 4356 sq ft |
| LOT DIMENSIONS | 40x100 |
| PARKING | Off Street |
| TAXES | 1574 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| ZONING | R |
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