106 South Spring Street
Greencastle, IN 46135

Sold

Sold for $470,000 on Sep 14, 2018

Description

Excellent Investment opportunity in the heart of downtown Greencastle on DePauw University campus. Tenants pay electric and gas. Owner pays water, sewer, trash. Building features newer roof, windows, HVAC and water heaters. Basement features 2 coin op washers and dryers for extra income. Located 40 minutes from the west side of Indianapolis.

Features

• Property Type: Multi Family Home
• Sub Type: 5+Units Commercial
• Listing Status: Sold
• Listing Price: $525,000
• County/Area: Putnam County
• Zip Code: 46135
• Year Built: 1900
• Subdivision/Neighborhood: Greencastle
• School District: Greencastle Community
• Style: Apartbldg
• Units: 9 units
• Lot Size: 6055
• Area: 6714 - Putnam - Greencastle
• Acres: <1/4 Acre
• Building Information: Fire Alarm, Smoke Alarm, Sprinkler System
• Building Levels: Two
• Building Type: Apartment Building
• Building Utilities: Separate Electric Meter, Separate Gas Meter, Cable Connected, Municipal Storm Connected, Municipal Sewer Connected, Storm Sewer
• Conversion: 1
• Expenses: 26100
• Exterior: Stucco Style
• Exterior Amenities: Not Applicable
• Gross Operating Income: 73500
• Laundry: Common
• Lot Information: Corner, Curbs, Sidewalks, Storm Sewer
• Lot Number: 179
• Main Type: Multi-Family
• Net Operating Income: 47400
• Selling Agent: Eric A. Wolfe
• Selling Office: Prime Real Estate Group
• Solid Waste: 1
• Sq Ft Source: Assessor
• Tenant Pays: Electric, Gas
• Township: Greencastle
• Trans Type: Sale
• Unit Count: 9
• Unit Parking: On Street
• Sold Price: 470000.00
• Sold Date: 2018-09-14 00:00:00