530 Main, Albany, IN 47320


MLS ID: #202026385
Price: $ 318,000
Sq Ft: 4,995
Finished Sq Ft: 4,995
Lot Size: 0.30 Acres
Year Built: 1978
Bedrooms: 14
Full Bathrooms: 7
Half Bathrooms:
Taxes: $ 4,823
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7 UNITS TOTAL. 4 units at 530 N Main Street in Albany and 3 Units at 510 W Liberty St in Albany, IN. These properties are about 8 blocks apart. Buildings are brick ranch style apartment buildings built in 1978 and 1971. All units are 2 bedroom and 1 bath. Several apartments have been updated with new vinyl plank flooring, new vanities, new counter tops, doors and more. Current full occupancy, historically very quick re-leasing when a unit becomes available. 530 N Main St had a new roof installed in May 2020. Low maintenance with brick exteriors and electric ceiling cable heat and through the wall AC units. Current scheduled annual income is $44,400.

MLS ID: 202026385


# of Units 7
Price Per Unit 45,428.570
Above Grade Finished SF 4,995
Above Grade Unfinished SF 1
Main Level SF 4,995
Combined Finished SF 4,995
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 4,995
Lot Dimensions 130x100
Approx Lot Size SqFt 12,998
Approx Lot Size Acres 0.29840
Garage SF 3,600
Garage # of Cars 1
# of Fireplaces 4
Water Front No
Style One Story
New Construction No
Elementary School Albany
Middle School Delta
Senior Delta
District Delaware Community School Corp.
# Bedrooms 14
# of Full Baths 7
# of Half Baths 0
# Above Grade Bedrooms 4
Living Room 7 x 0
Kitchen 550 x 600
Family Room 450 x 550
Rec Room 4 x 0
Bedroom 4 7 x 0
Bedroom 5 7 x 7
Laundry Room 10 x
Other Room 2 2 x 3700
Other Room 3 2 x
Annual Gross Rent Income $44,400.00
Annual Sewer Expense $3,600.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $0.00
Annual Property Tax $2,384.00

Listing Office: Coldwell Banker Real Estate Group

Listing Agent: Brian Allardt


Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.