Description
Up-and-down duplex in Marion, situated between the bypass and downtown. The lower unit is a 1-bedroom occupied by a long-term resident paying $600 per month plus electric and gas. The upper unit is a 2-bedroom that will need light turnover work before leasing. Electric and gas are separately metered, while the owner has been covering water, sewer, and trash, offering the opportunity to bill these utilities back with new leases. Additional features include a partial basement, backyard, and a detached garage. With ongoing investment activity throughout downtown Marion, this property presents a practical BRRRR-style opportunity with immediate income and clear value-add potential.
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3BEDS
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0.13ACRES
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2BATHS
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01/2 BATHS
School Information
Description
Up-and-down duplex in Marion, situated between the bypass and downtown. The lower unit is a 1-bedroom occupied by a long-term resident paying $600 per month plus electric and gas. The upper unit is a 2-bedroom that will need light turnover work before leasing. Electric and gas are separately metered, while the owner has been covering water, sewer, and trash, offering the opportunity to bill these utilities back with new leases. Additional features include a partial basement, backyard, and a detached garage. With ongoing investment activity throughout downtown Marion, this property presents a practical BRRRR-style opportunity with immediate income and clear value-add potential.
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