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501 S Race St
Princeton, IN 47670
501 S Race St, Princeton · Multifamily Property For Sale
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2 Units


Executive Summary
Excellent Opportunity to Own not 1 but 2 Duplexes located in Princeton. Both duplexes custom built by the Amish, open floor plan concept for Liv Rm., Dining and Kitchen with nice size bar for seating and or a table as well. Each unit consist of 2 Beds, 1 Bath, Laundry Rm as well as Liv Rm, Dining Area, & Kitchen. Upon entering you will have a coat closet as well as numerous additional closets throughout. Laundry room with Washer & Dryer provided and has exit door. Most Tenants are on a month to month lease but have resided here for some time. Each Unit (Race St & Prince St) have a Tenant that takes care of yard with Owner discounting their rent at a slight reduction. Restrictions: No Smoking, No Pets. Parking Pad is available for each tenant in front of the building.
Property Facts
| Price Per Unit | $173,784 CAD | Building Size | 1,800 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 2024 |
| Property Type | Multifamily |
| Price Per Unit | $173,784 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,800 SF |
| No. Stories | 1 |
| Year Built | 2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 900 |
Property Taxes
| Parcel Number | 26-12-07-403-002.729-028 | Improvements Assessment | $153,764 CAD |
| Land Assessment | $6,812 CAD | Total Assessment | $160,576 CAD |
Property Taxes
Parcel Number
26-12-07-403-002.729-028
Land Assessment
$6,812 CAD
Improvements Assessment
$153,764 CAD
Total Assessment
$160,576 CAD
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