Investment (2) properties sold as a package. All numbers reflect as a whole. One story units at the end of a street fast access to US 6 and bypass. Each unit is equipped with washer/dryer hook ups in kitchens (tenants bring their own sets) and dishwashers are provided as well. Tile & carpet flooring, could be upgraded. Duel heating and cooling wall units per apartment. These properties are on a crawlspace for easy access to plumbing needs. New sewer pump 08/2020 - $800 replacement cost. *Note: Long term tenants that are always on time with payment. One tenant gets reduced rent for yard care and private well electric usage, the well for the entire property is ran off this units electric meter.
Off market
$296,400
102 Church St, Lapaz, IN 46537
12beds
3,750sqft
MultiFamily
Built in 1974
-- sqft lot
$296,400 Zestimate®
$79/sqft
$1,021 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- Other
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups
Features
- Laminate Counters
- Flooring: Carpet, Laminate
- Basement: Crawl Space, Block
Interior area
- Total interior livable area: 3,750 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Exterior features: Vinyl
Lot
- Size: 0.36 Acres
- Features: 0 to 2.9999 Acres
Details
- Parcel number: 505295402404000010
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1974
Utilities & green energy
- Sewer: City
- Water: Well
Community & neighborhood
Location
- Region: Lapaz
HOA & financial
Other financial information
- Total actual rent: 38700
Other
Other facts
- Flooring: Carpet, Laminate
- WaterSource: Well
- Appliances: Dishwasher, Range/Oven, Refrigerator
- Heating: Other, Multiple Heating Systems
- HeatingYN: true
- CoolingYN: true
- TenantPays: Cable TV, Electricity, Cooling, Unit 1 Electric, Unit 2 Electric, Unit 3 Electric, Unit 4 Electric, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas, Unit 4 Gas, Unit 5 Gas, Unit 5 Electric, Unit 6 Electric, Unit 6 Gas
- NumberOfUnitsTotal: 6
- LeaseTerm: 12 Months, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 4 Rent Frequency(Monthly), Unit 5 Rent Frequency(Monthly), Unit 6 Rent Frequency(Monthly)
- OwnerPays: Sewer, Trash Collection, Grounds Care, Insurance, Water, Taxes, Snow Removal, Parking Fee, Maintenance
- ConstructionMaterials: Vinyl Siding
- RoomsTotal: 30
- Basement: Crawl Space, Block
- NumberOfUnitsLeased: 6
- FarmLandAreaUnits: Square Feet
- CoveredSpaces: 6
- MaintenanceExpense: 0
- Cooling: Other, Multi Units
- InteriorFeatures: Laminate Counters
- BelowGradeFinishedArea: 0
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups
- PetsAllowed: Pet Restrictions
- InsuranceExpense: 1071
- Sewer: City
- GrossIncome: 3225
- MlsStatus: Active
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- LotFeatures: 0 to 2.9999 Acres
- ParkingFeatures: Unit 2 Garage TypeNone), Unit 1 Garage TypeNone), Unit 3 Garage TypeNone), Unit 4 Garage TypeNone), Unit 5 Garage TypeNone), Unit 6 Garage TypeNone)
- ElectricExpense: 510.33
- FuelExpense: 510.33
- NetOperatingIncome: 29839.26
- TotalActualRent: 38700
- TrashExpense: 1644
- WaterSewerExpense: 2995.08
Services availability
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