2875 West Shafer, Monticello, IN 47960
Overview
| MLS ID: | #202314182 |
|---|---|
| Price: | $ 599,900 |
| Sq Ft: | 5,590 |
| Finished Sq Ft: | 5,590 |
| Lot Size: | 1.81 Acres |
| Year Built: | 1955 |
| Bedrooms: | 17 |
| Full Bathrooms: | 13 |
| Half Bathrooms: | |
| Taxes: | $ 0 |
This investment property is a fantastic opportunity for those looking to generate income through real estate. The main house has two stories that features a rental on each floor with 2 bedrooms, a full kitchen, providing comfortable and convenient living spaces for. There are 6 units each with one bedroom and a full kitchen, providing comfortable and convenient living spaces in each. In addition, there are five studio-style rooms with full bathrooms, perfect for short-term rentals or guests looking for a cozy place to stay. The property is located in a desirable area, making it an attractive option for renters and travelers alike. With six one bedroom units and five studio style rooms, there is ample opportunity to generate consistent income throughout the years. The property has been well-maintained and is move-in ready, with all necessary amenities and appliances included. The main house and studio-style rooms are tastefully decorated and furnished, providing a welcoming and comfortable atmosphere for tenants and guests. Overall, this investment property is has its prime location, multiple rental units, and well-maintained condition, it is sure to be a profitable investment for years to come.
MLS ID: 202314182
Details
| # of Units | 13 |
|---|---|
| Price Per Unit | 46,146.150 |
| Above Grade Finished SF | 5,590 |
| Combined Finished SF | 5,590 |
| Below Grade Finished SF | 0 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 0 |
| Total Sq Ft | 5,590 |
| Lot Dimensions | irr |
| Approx Lot Size SqFt | 78,844 |
| Approx Lot Size Acres | 1.810 |
| Garage SF | 0 |
|---|
| Water Front | No |
|---|
| Style | Attached |
|---|---|
| New Construction | No |
| Elementary School | Meadowlawn |
|---|---|
| Middle School | Roosevelt |
| Senior | Twin Lakes |
| District | Twin Lakes School Corp. |
| # Bedrooms | 17 |
|---|---|
| # of Full Baths | 13 |
| # of Half Baths | 0 |
| Living Room | 2 x 0 |
| Rec Room | 13 x 0 |
| Bedroom 5 | 13 x 8 |
| Laundry Room | 13 x |
| Other Room 1 | 5 x 6 |
| Annual Gross Rent Income | $158,000.00 |
|---|---|
| Annual Sewer Expense | $0.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $0.00 |
| Annual Trash Expense | $0.00 |
| Annual Property Tax | $2,310.40 |
Listing Office: Redlow Group
Listing Agent: Michael Sims
Disclaimer:
Mortgage
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