500 Middlebury, Elkhart, IN 46516
Overview
| MLS ID: | #202436625 |
|---|---|
| Price: | $ 140,000 |
| Sq Ft: | 2,592 |
| Finished Sq Ft: | 2,592 |
| Lot Size: | 0.24 Acres |
| Year Built: | 1886 |
| Bedrooms: | 5 |
| Full Bathrooms: | 3 |
| Half Bathrooms: | |
| Taxes: | $ 0 |
Don’t miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $700,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!
MLS ID: 202436625
Details
| # of Units | 3 |
|---|---|
| Price Per Unit | 46,666.670 |
| Above Grade Finished SF | 2,592 |
| Combined Finished SF | 2,592 |
| Below Grade Finished SF | 1,288 |
| Below Grade Unfinished SF | 1,288 |
| Total Below Grade SF | 1,288 |
| Total Sq Ft | 4,736 |
| Lot Dimensions | 83X127 |
| Approx Lot Size SqFt | 10,454 |
| Approx Lot Size Acres | 0.240 |
| Garage SF | 0 |
|---|
| Water Front | No |
|---|
| Style | Two Story |
|---|---|
| New Construction | No |
| Elementary School | Mary Beck |
|---|---|
| Middle School | Pierre Moran |
| Senior | Elkhart |
| District | Elkhart Community Schools |
| # Bedrooms | 5 |
|---|---|
| # of Full Baths | 3 |
| # of Half Baths | 0 |
| Living Room | 1 x 1 |
| Family Room | 900 x |
| Bedroom 5 | 3 x 3 |
| Annual Gross Rent Income | $21,600.00 |
|---|---|
| Annual Sewer Expense | $0.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $0.00 |
| Annual Trash Expense | $0.00 |
| Annual Property Tax | $0.00 |
Map
Listing Office: St. Joseph Realty Group
Listing Agent: Stephen DiJulius
Disclaimer:
Mortgage
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