All major building systems replaced in 2021 — plumbing, electrical, roof, HVAC, and water heaters. Three units renovated in 2025. Electric separately metered; tenants pay own electric. Water/sewer currently owner-paid with partial recapture in place — immediate NOI upside available to new owner via flat fee billing with zero capital required. Five of six units occupied. Unit 5 vacant following turnover — lease-up upside at market rate. In-place rents $3,315/month. Diverse unit mix: 1×3BR/1BA, 2×2BR/1BA, 3×1BR/1BA. Property located in a 4-university market — Indiana State University, Rose-Hulman Institute of Technology, Saint Mary-of-the-Woods College, and Ivy Tech Community College. Confidentiality Agreement required prior to release of financials. Contact owner directly.