Hurry! A great investment opportunity like this doesn't come along very often! This rare find comes in several different forms! First, you have a total of 12 beautiful acres that are ready to build 5 or more homes on! Including a serene pond with cypress trees, a private road already in place and 3 lots with existing wells and septic systems. (No single wide trailers allowed). Second is a 60 x 70 barn boasting an office space w/private entrance, half bath, 2 over sized garage doors 16 x 14, 12 x 14 with openers, air compressor, table saw, 3 oil tanks for furnace (chimney is missing) and separate electric meter. Third, an awesome money maker, very rarely does a unit stay vacant on this 4-plex! Located just outside of Poseyville and not far to Toyota. Owner lives in one unit and is willing to stay as tenant. Each unit pays for own electric and includes range and microwave with washer and dryer hook up. New in 2018: 4 Heat pump/AC units, 24 gauge metal roof, siding, windows and doors.
Off market
$437,700
10080 S Koch Dr, Poseyville, IN 47633
9beds
5,000sqft
MultiFamily
Built in 1995
-- sqft lot
$437,700 Zestimate®
$88/sqft
$1,343 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced air, Heat pump, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Washer/Dryer Hookups, Unit 2 Laundry Room(Closet), Unit 3 Laundry Room(Closet), Unit 4 Laundry Room(Closet), Unit 1 Laundry Room(Bathroom)
Features
- Ceiling Fan(s), Eat-in Kitchen, Open Floorplan
- Flooring: Tile, Carpet, Hardwood, Slate
Interior area
- Structure area source: Builder
- Total interior livable area: 5,000 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Exterior features: Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond
Lot
- Size: 12.10 Acres
- Features: Level, Lake, Rural Subdivision, 10 to 14.999 Acres
Details
- Additional structures: Barn(s)
- Zoning: County Zoning(C2)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Materials
- Roof: Metal
Condition
- Year built: 1995
Utilities & green energy
- Electric: REMC
- Sewer: Septic Tank
- Water: Well, Private Well
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Poseyville
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $8 monthly
Other financial information
- Total actual rent: 31800
Other
Other facts
- Flooring: Wood, Carpet, Slate, Ceramic Tile
- Roof: Metal
- Sewer: Septic Tank
- Heating: Forced Air, Heat Pump
- RoadSurfaceType: Paved
- WaterSource: Well, Private Well
- WaterfrontFeatures: Pond
- Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Microwave, Washer, Electric Water Heater, Water Softener Owned
- InteriorFeatures: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan
- ArchitecturalStyle: Ranch
- HeatingYN: true
- CoolingYN: true
- FoundationDetails: Slab
- NumberOfUnitsTotal: 4
- TenantPays: Cable TV, Electricity, Heating, Cooling, Unit 2 Electric, Unit 3 Electric, Unit 4 Electric
- RoomsTotal: 17
- WaterfrontYN: true
- LeaseTerm: 12 Months, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 4 Rent Frequency(Monthly)
- ConstructionMaterials: Vinyl Siding
- OwnerPays: Trash Collection, Grounds Care, Insurance, Water, Taxes, Maintenance, Water Softener, Unit 1 Electric
- Cooling: Heat Pump, Central Air
- LotFeatures: Level, Lake, Rural Subdivision, 10 to 14.999 Acres
- LivingAreaSource: Builder
- NumberOfBuildings: 2
- NumberOfUnitsLeased: 3
- FarmLandAreaUnits: Square Feet
- WaterSewerExpense: 0
- OpenParkingYN: true
- OtherStructures: Barn(s)
- ParkingFeatures: Off Street, Unpaved, Gravel Driveway, Unit 2 Garage TypeNone), Unit 1 Garage TypeNone), Unit 3 Garage TypeNone), Unit 4 Garage TypeNone)
- SecurityFeatures: Smoke Detector(s)
- BelowGradeFinishedArea: 0
- FuelExpense: 0
- BuildingAreaSource: Builder
- BelowGradeFinishedAreaSource: Builder
- NumberOfSeparateGasMeters: 0
- NumberOfSeparateElectricMeters: 6
- NumberOfSeparateWaterMeters: 0
- GrossIncome: 2650
- AboveGradeFinishedAreaSource: Builder
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups, Unit 2 Laundry Room(Closet), Unit 3 Laundry Room(Closet), Unit 4 Laundry Room(Closet), Unit 1 Laundry Room(Bathroom)
- PetsAllowed: Pet Restrictions
- ElectricExpense: 420
- Exclusions: Tenant personal property
- MaintenanceExpense: 2211
- TotalActualRent: 31800
- MlsStatus: Active
- TrashExpense: 1122
- InsuranceExpense: 2937
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Electric: REMC
- NetOperatingIncome: 23607
- Zoning: County Zoning(C2)
- Road surface type: Paved