10601 Cunot Cataract, Poland, IN 47868-8500
Overview
| MLS ID: | #202423104 |
|---|---|
| Price: | $ 1,500,000 |
| Sq Ft: | 20,232 |
| Finished Sq Ft: | 20,232 |
| Lot Size: | 5.99 Acres |
| Year Built: | 1999 |
| Bedrooms: | 36 |
| Full Bathrooms: | 24 |
| Half Bathrooms: | 1 |
| Taxes: | $ 9,175 |
There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings’ roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.
MLS ID: 202423104
Details
| # of Units | 24 |
|---|---|
| Price Per Unit | 62,500 |
| Above Grade Finished SF | 20,232 |
| Above Grade Unfinished SF | 1 |
| Main Level SF | 20,232 |
| Upper Level SF | 0 |
| Combined Finished SF | 20,232 |
| Below Grade Finished SF | 0 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 0 |
| Total Sq Ft | 20,232 |
| Lot Dimensions | 781x417x1129x273 |
| Approx Lot Size SqFt | 260,924 |
| Approx Lot Size Acres | 5.990 |
| Garage SF | 1,242 |
|---|---|
| Garage # of Cars | 1 |
| Water Front | No |
|---|
| Style | One Story |
|---|---|
| New Construction | No |
| Elementary School | Cloverdale |
|---|---|
| Middle School | Cloverdale |
| Senior | Cloverdale |
| District | Cloverdale Community Schools |
| # Bedrooms | 36 |
|---|---|
| # of Full Baths | 24 |
| # of Half Baths | 1 |
| # Above Grade Bedrooms | 4 |
| Living Room | 12 x 0 |
| Family Room | 550 x |
| Bedroom 4 | 25 x 25 |
| Bedroom 5 | 25 x 25 |
| Extra Room | 3 x 24 |
| Laundry Room | 44 x |
| Other Room 3 | 1 x |
| Annual Gross Rent Income | $174,767.00 |
|---|---|
| Annual Sewer Expense | $1,242.00 |
| Annual Fuel Expense | $3,106.00 |
| Annual Electric Expense | $3,107.00 |
| Annual Trash Expense | $1,687.00 |
| Annual Property Tax | $3,242.00 |
Map
Listing Office: RE/MAX Realty Professionals
Listing Agent: Ron Plecher
Disclaimer:
Mortgage
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