11708 Ironton, Shoals, IN 47581

Overview

MLS ID: #201952127
Price: $ 849,000
Sq Ft: 16,736
Finished Sq Ft: 16,736
Lot Size: 1.51 Acres
Year Built: 1996
Bedrooms: 32
Full Bathrooms: 24
Half Bathrooms:
Taxes: $ 5,275
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Great Investment. 24 all brick units in Shoals- Martin County. This property offers a 8.5% cap rate and great NOI. 16- 1BD/1BA and 8- 2BD/1BA. Tenants pay their own electric and owner pays water (tenants pay a flat fee monthly to cover). Common Laundry room and playground. Showings are available with a 24 hour notice. This property is offered individually and will be offered in a portfolio with 2 other apartment complexes as well.

MLS ID: 201952127

Details

# of Units 24
Price Per Unit 35,375
Above Grade Finished SF 16,736
Above Grade Unfinished SF 1
Combined Finished SF 16,736
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Below Grade Rooms 0
Total Sq Ft 16,736
Lot Dimensions 1.510
Approx Lot Size SqFt 65,776
Approx Lot Size Acres 1.510
Garage SF 6,071
Garage # of Cars 1
# of Fireplaces 4
Water Front No
Style One Story
New Construction No
Elementary School Shoals Community
Middle School Shoals Community
Senior Shoals
District Shoals Community School Corp.
# Bedrooms 32
# of Full Baths 24
# of Half Baths 0
# Above Grade Bedrooms 6
Living Room 8 x 0
Kitchen 500 x 450
Family Room 475 x 475
Bedroom 5 24 x 24
Laundry Room 48 x
Other Room 2 1 x 8852
Other Room 3 1 x
Annual Gross Rent Income $106,226.00
Annual Sewer Expense $6,071.00
Annual Fuel Expense $0.00
Annual Electric Expense $8,109.00
Annual Trash Expense $0.00
Annual Property Tax $7,000.00

Listing Office: Revestco LLC

Listing Agent: Amy Powell

Disclaimer:

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.
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