6085 STATE ROAD 42, Poland, IN 47868
Overview
| MLS ID: | #202432006 |
|---|---|
| Price: | $ 185,000 |
| Sq Ft: | 1,560 |
| Finished Sq Ft: | 1,560 |
| Lot Size: | 0.83 Acres |
| Year Built: | 1991 |
| Bedrooms: | 4 |
| Full Bathrooms: | 2 |
| Half Bathrooms: | |
| Taxes: | $ 1,200 |
This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities, but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4 bedroom 2 bath home and bought with a low down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental is available or in a short distance the state boat dock ramp for Cataract lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.
MLS ID: 202432006
Details
| # of Units | 2 |
|---|---|
| Price Per Unit | 92,500 |
| Above Grade Finished SF | 1,560 |
| Above Grade Unfinished SF | 1 |
| Combined Finished SF | 1,560 |
| Below Grade Finished SF | 0 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 0 |
| Total Sq Ft | 1,560 |
| Lot Dimensions | IRREGULAR |
| Approx Lot Size SqFt | 36,155 |
| Approx Lot Size Acres | 0.830 |
| Garage SF | 1,200 |
|---|---|
| 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 | 4 |
|---|---|
| # of Full Baths | 2 |
| # of Half Baths | 0 |
| # Above Grade Bedrooms | 4 |
| Living Room | 2 x 0 |
| Family Room | 550 x |
| Bedroom 4 | 4 x 0 |
| Laundry Room | 10 x |
| Other Room 3 | 2 x |
| Annual Gross Rent Income | $12,000.00 |
|---|---|
| Annual Sewer Expense | $1,200.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $0.00 |
| Annual Trash Expense | $1,200.00 |
| Annual Property Tax | $1,588.00 |
Map
Listing Office: Down Home Real Estate & Auction LLC
Listing Agent: Beth Neeley
Disclaimer:
Mortgage
 | ||
 | ||
