2104 Grand Boulevard, Richmond, IN 47374
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
2104 Grand Boulevard,Richmond, IN 47374
$135,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: justin lowe, david orton
Office: ellsbury commerical group
MLS#:22072116
Source:IN_MIBOR
Price summary
- Price:$135,000
About this home
Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.
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Home facts
- Year built:1900
- Listing ID #:22072116
- Added:102 day(s) ago
- Updated:February 17, 2026 at 08:18 AM
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Year built:1900
- Lot area:0.09 Acres
Finances and disclosures
- Price:$135,000
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