Team Kuhfahl
REALTOR®
BEDS5
BATHS2 full
SQUARE FEET3,454
MLS#22113219
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONFairgrounds
SCHOOLAnderson Community School Corp
Property Description
Space, style, and investment potential come together in this beautifully updated 5-bedroom, 2-bath home offering nearly 2,900 square feet of living space. With extensive improvements already completed and a tenant in place, this property offers an attractive opportunity for investors seeking a spacious, stabilized rental. The main level features both a generous living room and separate family room, providing flexible spaces for entertaining, relaxing, or working from home. Two spacious bedrooms and a remodeled full bathroom are conveniently located on the main level. The updated kitchen serves as the heart of the home, with modern finishes and an open layout that flows into a welcoming dining area ideal for everyday meals and gatherings. Upstairs, you'll find three additional bedrooms and a second remodeled full bathroom, providing plenty of room and a versatile floor plan. Major improvements include the roof, siding, windows, HVAC system, and flooring, giving the next owner peace of mind while minimizing the need for immediate capital improvements. Outside, a wood deck provides additional living space for grilling, entertaining, or enjoying the backyard. Currently tenant-occupied and generating $2,100 per month in rental income, or $25,200 annually. The current lease runs through March 30, 2027, providing immediate rental income for the next owner. A great opportunity to add a large, updated rental property to your portfolio with high income already in place. Can also be combined with MLS 22120318. Tenant occupied. The seller will allow interior showings after an offer is accepted. Please do not disturb the tenant.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Fireplaces: 1
Heating: Forced Air, Natural Gas
Home Style: Victorian
Lot Size: 0.15 Acres
Stories: 2.0
Taxes: $1,068
Year Built: 1890
Appliances
Dishwasher
Disposal
MicroHood
Electric Oven
Refrigerator
Feature Descriptions
Basement: Unfinished
Bath: 1(Full-Main), 1(Full-Upper)
Days on Site: 119
Eating Area: Dining Combo/Kitchen
Equipment: Smoke Alarm
Exterior: Vinyl Siding
Fireplace: Other
Foundation: Cellar, Crawl Space, Partial
InteriorFeatures: Attic Stairway, Paddle Fan, Wood Work Painted
Total Rooms: 9
Water: Public
Local Schools
School District: Anderson Community School Corp
Listed By / Shown By
Listed By
Agency Name: Red Hot, REALTORS LLC
Agency Phone: 317-527-4663
Shown By
Agent Name: Team Kuhfahl
Agent Phone: Cell: (812) 344-8800
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,413.21 per month $1,258.59 Principal & Interest $89.00 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
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817 W 5th Street | MLS# 22113219
This single family home located at 817 W 5th Street, Anderson, IN 46016 is currently listed for sale with an asking price of $225,000. This property was built in 1890 and has 5 bedrooms and 2 full baths with 3454 sq. ft. W 5th Street is located in the Fairgrounds subdivision within the Anderson Community School Corp school district. Search Fairgrounds real estate on www.teamkuhfahl.com today.