109 N Howard St, Oxford, IN 47971

Property Description

Multifamily investment opportunity near the town square in beautiful historic downtown Oxford! Located at 109 N Howard Street, this approximately 5,100 square foot property features six primary apartments, including four two bedroom units and two one bedroom units, plus an additional efficiency currently occupied by the property’s maintenance person. Features include tenant paid utilities, separately metered water, ample rear parking, and six individual tenant storage lockers. Select upper units offer private exterior entrances and decks overlooking the parking area. Two apartments currently have washer and dryer hookups, with the ability to add hookups in the remaining primary units. Existing rental income and two vacant apartments offer an opportunity to increase occupancy, while future improvements and rent adjustments provide additional income potential. Within two blocks, enjoy local favorites including Pizza King, The Wild Mulberry Boutique, Cabbage Rose Floral Market, The Squeeze Inn, and the Oxford Public Library. Small town charm and downtown convenience, all approximately a 15 minute drive to West Lafayette.