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Listing 14 out of 64
Sold for $479,900 Sold

615 East Seminary
Greencastle, IN 46135

8 units | Multi Family Home
21344 sq ft - MLS# 21547802
Property Photo
1/2

Sold

Sold for $479,900 on Apr 27, 2018

Description

Investors take notice of this money-making multi-unit property. Historic brick apartment building, "Holly Manor", has four units while a row of townhouses built in 1994 has four more units. Plenty of tenant parking. Property has been lovingly cared for and is turn-key. Shared laundry room on-site. Units are easy to rent and close to the DePauw University campus on a beautiful tree-lined street in the Eastern Enlargement Historic District. Low vacancy rate. Financial documents and showing for prequalified buyers only. No trespassing on the property permitted.

Features

  • Property Type: Multi Family Home
  • Sub Type: 5+Units Commercial
  • Listing Status: Sold
  • Listing Price: $479,900
  • County/Area: Putnam County
  • Zip Code: 46135
  • Year Built: 1994
  • Subdivision/Neighborhood: East
  • School District: Greencastle Community
  • Style: Apartbldg
  • Units: 8 units
  • Lot Size: 0.49 AC
  • Area: 6714 - Putnam - Greencastle
  • Acres: 1/4-1/2 Acre
  • Building Information: Smoke Alarm
  • Building Levels: Two, Other
  • Building Type: ApartBldg, Townhouse
  • Building Utilities: Gas Connected, Municipal Sewer Connected, Municipal Water Connected, Storm Sewer
  • Conversion: 1
  • Expenses: 16067
  • Exterior: Brick, Vinyl
  • Gross Operating Income: 62287
  • Insurance Expenses: 3498
  • Laundry: Common
  • Lot Information: Access Street, Curbs, Sidewalks
  • Lot Number: 57-58
  • Main Type: Multi-Family
  • Operating Expense: Insurance, PropTaxes, Utilities
  • Road Access: EasementAcc
  • Selling Agent: Eric A. Wolfe
  • Selling Office: Prime Real Estate Group
  • Solid Waste: 1
  • Sq Ft Source: Floorplans
  • Tenant Pays: Electric, Gas, Insurance Renters
  • Township: Greencastle
  • Trans Type: Sale
  • Unit Count: 8
  • Unit Parking: Parking Lot
  • Sold Price: 479900.00
  • Sold Date: 2018-04-27 00:00:00
Courtesy of Prime Real Estate Group

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RE/MAX Cornerstone

RE/MAX Cornerstone
Greencastle, IN 46135

765-653-7070
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2 N Jackson St - Greencastle, IN 46135
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