Bought with Perfect Location Realty
$210,000
$220,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
110 S Cowen ST Garrett, IN 46738
5 Beds
3 Baths
2,272 SqFt
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,272 sqft
MLS Listing ID IRM202625190
Sold Date 09/18/26
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,843
Tax Year 2026
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50*125
Property Sub-Type Triplex
Property Description
TRIPLEX in DeKalb County. This brick home situated on 2 lots near downtown Garrett is a turn key investment. Unit 1 (vacant for showings:upstairs) rents is a 3 bed 1 bath and rents for $975, unit 2 is 1 bed 1 bath and rents for $685 (month to month lease, unit 3 is a 1 bed 1 bath and rents for $675 (expires 1-31-27). $2335 monthly income! Property insurance is $926/yr and taxes are $2843/yr. Each unit is RUBS Water/sewer/trash. Professional management in place. 1 water/sewer meter, 3 electric meters, basement access from exterior. Each unit has a stove/refrigerator. Unit 1 has a gas furnace (1 gas meter). Unit 2 is electric baseboard. Unit 3 is all electric baseboard heat. Parking in the rear of unit. Owner pays to mow lawn. Year 1 Estimated Value: $228,800 Year 1 Appreciation Gain: $8,800 Year 1 ROI on Cash Invested: 19.6% Year 5 Estimated Value: $267,664 Year 5 Appreciation Gain: $47,664 Year 5 ROI on Cash Invested: 105.9%
Location
State IN
County Dekalb County
Rooms
Basement Full
Interior
Heating Baseboard, Forced Air
Fireplace N
Exterior
Parking Features Gravel
View Y/N true
Total Parking Spaces 6
Building
Lot Description Sloped
Story Two
Sewer Public Sewer
Water City
Level or Stories Two
New Construction No
Schools
Elementary Schools J.E. Ober
Middle Schools Garrett
High Schools Garrett
School District Garrett Keyser Butler
Others
Pets Allowed No
Tax ID 17-09-04-233-020.000-013
Acceptable Financing IRM202625190
Listing Terms IRM202625190
Financing Conventional
Special Listing Condition None
Pets Allowed Yes
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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