505 Vine, Ellettsville, IN 47429


MLS ID: #201945450
Price: $ 445,000
Sq Ft: 5,280
Finished Sq Ft: 5,280
Lot Size: 0.08 Acres
Year Built: 1993
Bedrooms: 8
Full Bathrooms: 4
Half Bathrooms: 4
Taxes: $ 3,643
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Investment portfolio for sale for $445,000 in Ellettsville – includes 10 apartments and 17 bedrooms located on three adjacent properties (505 Vine St, 501-503 Vine St, 112 Sale St). Dwellings include a four-plex, duplex, and a house with 4 units. Each unit in the four-plex has an attached garage below the unit. The duplex has two attached garages that can be used by tenants, the owner currently uses these for personal storage. Updates include the duplex having a metal roof installed two years ago, new vinyl plank floor coverings and paint in some of the units and newer heat pumps. Property amenities include 2 parking spaces per apartment and a laundry facility in the 112 Sale St building. Most units rented Aug – Aug. Financials provided upon request.

MLS ID: 201945450


# of Units 10
Price Per Unit 44,500
Above Grade Finished SF 5,280
Combined Finished SF 5,280
Below Grade Finished SF 5,280
Below Grade Unfinished SF 5,280
Total Below Grade SF 5,280
Total Sq Ft 10,560
Lot Dimensions Irregular
Approx Lot Size SqFt 3,485
Approx Lot Size Acres 0.080
Garage SF 7,764
Water Front No
Style Townhouse
New Construction No
Elementary School Edgewood
Middle School Edgewood
Senior Edgewood
District Richland-Bean Blossom Community
# Bedrooms 8
# of Full Baths 4
# of Half Baths 4
Living Room 7 x 0
Rec Room 4 x 4
Bedroom 4 1 x 1
Bedroom 5 4 x 4
Loft 4 x 2
Extra Room 4 x 6
Laundry Room 20 x
Other Room 1 3 x 0
Annual Gross Rent Income $66,540.00
Annual Sewer Expense $7,764.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $0.00
Annual Property Tax $10,402.00

Listing Office: Century 21 Scheetz - Bloomington

Listing Agent: Craig Dohman


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.