412 South Ireland Street

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412 South Ireland Street

Greensburg, IN 47240
Asking Price
$315K
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • New construction duplex located in Greensburg, Indiana.
  • Property is currently fully leased to tenants.
  • Annual gross rental income totals approximately $36,000.
  • Asking price for this multifamily asset is $315,000.
  • Convenient location situated at 412 South Ireland Street.

What's Special

Priced at $315,000, this new construction duplex in Greensburg, Indiana, presents an active investment prospect. Both units are currently occupied, generating a gross annual rental income of approximately $36,000. The asset sits at 412 South Ireland Street and offers a straightforward addition to a residential real estate portfolio within this growing market. Multifamily assets in regional hubs like Greensburg benefit from steady demand as local economies continue to attract residents seeking affordable living options. This property type serves as a functional choice for investors looking for stabilized cash flow in a town that balances regional connectivity with a suburban pace of life. Given the recent construction, the building provides a low-maintenance profile suitable for long-term hold strategies or portfolio diversification.

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NOI
$80,000
Cap Rate
25.40%
DSCR
4.28
Strong
Cash-on-Cash
64.87%
Monthly Payment
$1,558.448
Annual Cash Flow
$61,298.622

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