16 Branson, LaFontaine, IN 46940 - Myers Trust

16 Branson, LaFontaine, IN 46940

Overview

MLS ID: #202441540
Price: $ 235,000
Sq Ft: 2,912
Finished Sq Ft: 2,912
Lot Size: 0.59 Acres
Year Built: 1974
Bedrooms: 5
Full Bathrooms: 4
Half Bathrooms:
Taxes: $ 0
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Investors take a look at your next portfolio addition! This property boats 2 duplexes for a total of 4 units. Gross monthly rents projected at $2,550. All units have seen a large amount of work put into them in the past few months, as well as a potential $5,000 appliance allowance to put your own finishing touches on the units! Water and electric is all metered separately, allowing tenants to pay their own utilities. There is one 2 bed unit, and three 1 bed units. One unit is currently rented, three units are currently vacant, allowing you to find tenants that best fit your management style. All units have a washer/dryer hookup. New roof and gutters were put in 5 years ago. Recent work in the past 3 months included but is not limited to; new paint, light fixtures, and ceiling fans in all units. All exterior wood and trim has been painted. Brick units both have new water heaters, screen doors, and electric baseboard heaters. One kitchen is loaded with new cabinets and countertops. New LVP throughout. 2 sheds are also included on the back of the property for extra storage. As a very low maintenance property, your portfolio will thank you!

MLS ID: 202441540

Details

# of Units 4
Price Per Unit 58,750
Above Grade Finished SF 2,912
Combined Finished SF 2,912
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 2,912
Lot Dimensions 132x194
Approx Lot Size SqFt 25,700
Approx Lot Size Acres 0.590
Garage SF 0
Outbuildings 80
Water Front Yes
Water Front Type Creek
Water Frontage 194
Style One Story
New Construction No
Elementary School Southwood
Middle School Southwood
Senior Southwood
District MSD of Wabash County Schools
# Bedrooms 5
# of Full Baths 4
# of Half Baths 0
Living Room 1 x 0
Rec Room 1 x 1
Bedroom 4 4 x 0
Bedroom 5 3 x 2
Annual Gross Rent Income $4,800.00
Annual Sewer Expense $0.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $0.00
Annual Property Tax $2,936.20

Map

Listing Office: Terrell Realty Group, LLC

Listing Agent: Payton Deeter

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.