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Listing 15 out of 49
$167,500 For Sale

2594 East Us Highway 40
Greencastle, IN 46135

5 units | Multi Family Home
0.84 acres - MLS# 21589603
Property Photo
1/11

Description

INVESTORS DON'T MISS THIS OPPORTUNITY! Five income units that gross $3,000- a month! $36,000 ANNUALLY @ 100% Occupancy! Owner pays water and trash pick-up, electric and gas on two unit apartment building. Tenants pay electric and gas on all remaining units. Convenient location to I-70 & US 40. Two story apartment Bldg. Single family cottage. Two manufactured homes. Municipal water and newer septic.

Features

  • Property Type: Multi Family Home
  • Sub Type: 1-4 Units Residential
  • Listing Status: Active
  • County/Area: Putnam County
  • Zip Code: 46135
  • Year Built: 1955
  • Subdivision/Neighborhood: No Subdivision
  • School District: South Putnam Community
  • Style: Apartbldg, Manufact
  • Units: 5 units
  • Lot Size: 36,590
  • Area: 6718 - Putnam - Warren
  • Acres: 1/2-1 Acre
  • Building Information: Smoke Alarm
  • Building Levels: One, Two
  • Building Utilities: Electric, Water, Municipal Water Connected, Septic System
  • Expenses: 9461
  • Exterior: Aluminum, Vinyl
  • Gross Operating Income: 36000
  • Insurance Expenses: 1500
  • Interstate: Ramp1-3mi
  • Investment: 1
  • Laundry: NoLaundry
  • Main Type: Multi-Family
  • Net Operating Income: 26539
  • Operating Expense: Insurance, PropTaxes, Utilities
  • Road Access: HwyUS
  • Road Frontage: HwyUS
  • Road Surface: Asphalt
  • Tenant Pays: Cable, Electric, Gas, Insurance Renters
  • Township: Warren
  • Trans Type: Sale
  • Unit Count: 5
  • Unit Parking: Parking Lot, Unpaved
Courtesy of Carpenter, Realtors®

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RE/MAX Cornerstone

RE/MAX Cornerstone
Greencastle, IN 46135

765-653-7070
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RE/MAX Cornerstone | 765-653-7070 | Contact Us
2 N Jackson St - Greencastle, IN 46135
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