3155 Sycamore Drive Columbus, IN 47203
Discover this beautifully renovated quadplex, a fantastic investment opportunity nestled in a sought-after neighborhood. Each of the four units offers approximate 975 square feet of comfortable living space, making it ideal for both long-term and short-term rentals or an excellent house hacking opportunity. Each unit features 2 spacious bedrooms and 1.5 bathrooms, providing ample space for tenants or owners. The layout includes a cozy living room, a well-appointed kitchen, and a dining area, all designed for modern living. Enjoy the privacy of a separate entrance for each unit, enhancing the appeal for renters or owners who value independence. The entire property has been meticulously updated over the past 2-3 years, ensuring a move-in ready experience. Upgrades include all-new appliances and three new A/C furnaces, offering energy efficiency and reliability. Currently, two units are leased as long-term rentals, while the other two serve as successful Airbnb rentals, providing a blend of steady-income and high revenue potential. Each unit comes with its own designated parking spot, adding convenience for residents. Additionally, a wonderful outdoor area offers a communal space for relaxation or entertaining guests. Situation in a great neighborhood known for its charm and conveniences, this property offers easy access to location amenities, schools, parks, and public transportation. The area's appeal ensures strong rental demand and potential for long-term appreciation. Whether you're an investor looking to expand your portfolio or a savvy buyer interested in house hacking, this quadplex presents an outstanding opportunity. Live in one unit while renting out the others to cover your mortgage and generate additional income. The mix of long-term and short-term rentals provides a flexible strategy to maximize returns based on your financial goals. This is more than just a property; it's a chance to secure a solid investment in a thriving community.
- Property TypeMulti-Family
- NeighborhoodForest Park West
- CountyBartholomew
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site54 Days
- MLS StatusPending
- MLS ID Number21998264
- Home Size Source Assessor
- Year Built1969
- Lot Size0.3 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories Multi/Split
- Acreage 0.3
- Security Security SystemSmoke Alarm
- Attached Garage No
- Foundation Slab
Interior Features
- Laundry Features Connections All
Exterior Features
- Waterfront Property No
- Road Frontage City Street
Community Features
- Township Columbus
- MLS Area 317 - Bartholomew - Columbus Southwest
- Security Features Security SystemSmoke Alarm