371 & 383 W 12th Street, Peru, IN 46970
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371 & 383 W 12th Street, Peru, IN 46970
371 & 383 W 12th Street, Peru, IN 46970
371 & 383 W 12th Street, Peru, IN 46970
371 & 383 W 12th Street, Peru, IN 46970
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Listed by Cherie Smith • True Realty • Cell: 765-438-5971
$ 630,000
Est. payment /mo
Price Dropped by $20K

371 & 383 W 12th Street Peru, IN 46970

22 Beds

15 Baths

12,306 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,306 sqft

MLS Listing ID 202547048

Style Other

Bedrooms 22

Full Baths 15

Abv Grd Liv Area 12,306

Total Fin. Sqft 12306

Year Built 1880

Annual Tax Amount $5,000

Lot Size 1.520 Acres

Property Sub-Type Other

Property Description

Discover an excellent investment opportunity with this multi-building property featuring a total of 15 rentable units in the heart of Peru (8 one bedroom units and 7 two bedroom units). Spread across multiple structures, this property offers a strong blend of stability and value-add potential for any investor. Many of the units have been freshly painted within the last few years, and several feature updated flooring for improved durability and tenant appeal. Two of the buildings are equipped with long-lasting metal roofs, reducing future maintenance needs and providing added peace of mind. With a mix of month-to-month and long-term leases, this property offers both immediate income and room for strategic rent growth. A rare chance to acquire a multi-unit package with solid fundamentals and continued upside in a steady rental market.

Location

State IN

County Miami County

Area Miami County

Direction North on Grant from Broadway. Turn left onto 12th Street. Property on South side of road.

Rooms

Dining Room 0

Interior

Flooring Carpet, Laminate, Vinyl Tile

Appliance Building, Land, Lease

Laundry , 15

Exterior

Pool Below Ground

Amenities Available Off Street Parking

Total Parking Spaces 15

Building

Lot Description Irregular

Story 2

Structure Type Aluminum,Vinyl

New Construction No

Schools

Elementary Schools Elmwood/Blair Pointe

Middle Schools Peru

High Schools Peru

School District Peru Community Schools

Others

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371 & 383 W 12th Street