1559 Broad, New Castle, IN 47362
Overview
MLS ID: | #202245878 |
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Price: | $ 449,000 |
Sq Ft: | 8,354 |
Finished Sq Ft: | 8,354 |
Lot Size: | 0.25 Acres |
Year Built: | 1900 |
Bedrooms: | 8 |
Full Bathrooms: | 4 |
Half Bathrooms: | 3 |
Taxes: | $ 0 |
Ready to start or increase your investment portfolio? Truly turn key rental ready for you! This property consist of two separate buildings and one parking lot. The first building (1559-1561 #1-4 Broad) is a three story building with two commercial spaces on the main floor and two apartments on both the second and third floor for a total of six units. Each main floor commercial space is completely open front to back with a storage room and bathroom. The second floor features two, two bedroom apartments, both updated. The third floor features two more, updated two bedroom apartments. This building totals 9,414 square feet and also includes a full basement that is in great shape. Many recent updates to this building including exterior, windows, wiring, kitchens/baths, flooring, ect. The second building (1609 Broad), is a one story building with two commercial spaces. The front space is approximately 760 square feet and includes a store room, storage area, and bathroom. The back of this building features a side entry and garage door entry in back. This unit includes a storeroom, storage space, and full attached garage. Recent updates included new paint and siding. The parking lot in between the buildings is sold with the property and includes 12 parking spots. Additional public parking available in rear.
MLS ID: 202245878
Details
# of Units | 8 |
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Price Per Unit | 56,125 |
Above Grade Finished SF | 8,354 |
Above Grade Unfinished SF | 1 |
Combined Finished SF | 8,354 |
Below Grade Finished SF | 2,163 |
Below Grade Unfinished SF | 2,163 |
Total Below Grade SF | 2,163 |
Total Sq Ft | 11,057 |
Lot Dimensions | 44x70 |
Approx Lot Size SqFt | 10,890 |
Approx Lot Size Acres | 0.250 |
Garage SF | 2,800 |
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Garage # of Cars | 1 |
# of Fireplaces | 4 |
Water Front | No |
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Style | Three Story |
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New Construction | No |
Elementary School | Eastwood |
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Middle School | New Castle |
Senior | New Castle |
District | New Castle Community School Corp |
# Bedrooms | 8 |
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# of Full Baths | 4 |
# of Half Baths | 3 |
# Above Grade Bedrooms | 3 |
Living Room | 4 x 0 |
Rec Room | 4 x 0 |
Bedroom 4 | 5 x 6 |
Bedroom 5 | 4 x 4 |
Laundry Room | 12 x |
Other Room 2 | 2 x 1571 |
Annual Gross Rent Income | $18,852.00 |
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Annual Sewer Expense | $2,800.00 |
Annual Fuel Expense | $5,600.00 |
Annual Electric Expense | $2,333.00 |
Annual Trash Expense | $0.00 |
Annual Property Tax | $2,500.00 |
Listing Office: F.C. Tucker/Crossroads Real Estate
Listing Agent: Cara Huffman
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