601 Walnut, Mount Summit, IN 47361
Overview
| MLS ID: | #202241258 |
|---|---|
| Price: | $ 450,000 |
| Sq Ft: | 3,348 |
| Finished Sq Ft: | 3,348 |
| Lot Size: | 0.54 Acres |
| Year Built: | 1960 |
| Bedrooms: | 7 |
| Full Bathrooms: | 7 |
| Half Bathrooms: | |
| Taxes: | $ 4,560 |
Great investment opportunity in this 7 unit, one-level apartment building in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a .537 acre lot. Six of the units are 1 bedroom, one-bathroom and approximately 500 SF each. The 7th unit is an efficiency unit with approximately 350 SF of living space. The spacious lot allows for tenant parking on property. Owner pays all utilities and maintenance. Tenant’s rights apply. Potential ROI is 9.9%.
MLS ID: 202241258
Details
| # of Units | 7 |
|---|---|
| Price Per Unit | 64,285.710 |
| Above Grade Finished SF | 3,348 |
| Above Grade Unfinished SF | 1 |
| Main Level SF | 3,348 |
| Combined Finished SF | 3,348 |
| Below Grade Finished SF | 0 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 0 |
| Below Grade Rooms | 0 |
| Total Sq Ft | 3,348 |
| Lot Dimensions | 179x130 |
| Approx Lot Size SqFt | 23,391 |
| Approx Lot Size Acres | 0.5370 |
| Garage SF | 3,864 |
|---|---|
| Garage # of Cars | 1 |
| # of Fireplaces | 3 |
| Water Front | No |
|---|
| Style | One Story |
|---|---|
| New Construction | No |
| Elementary School | Blue River Valley |
|---|---|
| Middle School | Blue River |
| Senior | Blue River |
| District | Blue River Valley Schools |
| # Bedrooms | 7 |
|---|---|
| # of Full Baths | 7 |
| # of Half Baths | 0 |
| # Above Grade Bedrooms | 3 |
| Kitchen | 750 x 750 |
| Family Room | 750 x 750 |
| Bedroom 4 | 1 x 0 |
| Bedroom 5 | 7 x 7 |
| Extra Room | 1 x 1 |
| Laundry Room | 16 x |
| Other Room 1 | 1 x 6 |
| Other Room 2 | 1 x 5195 |
| Other Room 3 | 1 x 0 |
| Annual Gross Rent Income | $62,340.00 |
|---|---|
| Annual Sewer Expense | $3,864.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $4,436.00 |
| Annual Trash Expense | $1,932.00 |
| Annual Property Tax | $1,569.00 |
Listing Office: F.C. Tucker/Crossroads Real Estate
Listing Agent: Jon Kindred
Disclaimer:
Mortgage
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