601 Walnut, Mount Summit, IN 47361 - Myers Trust

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
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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:

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.