Investor opportunity! 3 Unit Property located at 580 Indiana Ave, Aurora, In. This well maintained triplex offers stable rental income, strong rental history with long term tenants and all modern updates make this an excellent addition to any investor's portfolio. One 2 bedroom/1 bath unit is currently vacant. Two 1 bedroom/1 bath units are secured by leases through September and October 2026. Potential gross monthly income $2590 monthly or $31,080 annually. Tenants pay utilities, the landlord pays water and trash (approx $100 mo). Capital improvements include new roof, gutters, new windows, 3 high efficiency gas furnaces, 2 new central air units and new 3 zone heat and AC split system. Unit 1 has been completely gutted and updated. The basement has extensive foundation repairs including new I-beam, replaced basement entry wall and all new electric , plumbing and gas lines. For a list of all capital improvements, see attached documents. Cash or Conventional Only.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $259,900 | $100 | Lohmiller Real Estate |
High School South Dearborn High School | 1.2 miles away | 09 - 12 | |
Elementary School Aurora Elementary School | 1.3 miles away | KG - 06 | |
Middle School South Dearborn Middle School | 1.3 miles away | 07 - 08 |