1831 N C STREET
Elwood, IN 46036
0.20 acres | #21961096
Description
Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Three Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.
Property Details
- School DistrictElwood Community School Corp
- BasementPartial, Unfinished
- FoundationBlock, Partial
- SubdivisionNo Subdivision
- Property TypeMulti-Family
- Original List Price$179,900
- MLS #21961096
- Property SubtypeFourplex
- MLS #21961096
- CountyMadison
- Cost179900
- Year Built1908
- Acres0.2
- Parking Spaces2
Location
Legal
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Last Updated: . Source: MIBOR
Listing Courtesy
Listing Agent: Albert Stancato (#MBR37401)
Listing Office: Highgarden Real Estate (#MBREZST01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.