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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Trey Forbes • Weichert Realtors - Hoosier Heartland

$499,900

Est. payment - /mo

12 Baths

3,049 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202640209

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,480

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25x125

Property Sub-Type Other

Property Description

Investor Special: 12-Unit Value-Add Opportunity. Multi-Family Acquisition Opportunity! This 12 -unit commercial asset property at 121 E Quincy Street represents a powerhouse addition to any commercial portfolio. The ability for one revenue stream diversification under a single roof. This massive logistical and financial asset exhibits heavy value-add/rehab and is selling strictly "as-is". With the sheer scale, unit count, and strong tenant footprint, it creates a massive equity-building framework for value-add investors and rehabbers alike. Current occupancy rate: 58.33%. Consider the BRRRR strategy or a high yielding long term hold. Sits in a highly walkable Garrett location close to downtown amenities and local schools. Opportunity Zone

Location

State IN

County Dekalb County

Zoning 67-Commercial

Rooms

Basement None

Interior

Heating Other

Inclusions Building

Fireplace N

Exterior

Parking Features Off Street

View Y/N true

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 17-09-03-105-014.000-013

Acceptable Financing IRM202640209

Listing Terms IRM202640209

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202640209

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NEARBY SCHOOL & BUSINESS

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

121 E Quincy ST Garrett, IN 46738

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION