Great addition to your investment portfolio! Two Buildings for a total of 5 Units. Value add opportunity with increasing rents and some TLC. Stable, long term tenants in place. Two Units are on Section 8, one year leases, Two Units are Market Tenants on M2M leases. One Unit is Vacant for your choosing. Tenants pay utilities. Owners pay taxes and insurance. Sold As-Is, Seller will not make any repairs. Cash, HM, DSCR, Conventional Pre-Approved Buyers Only. 24 Hours Notice Required.
Closed
$175,000
201 Michigan St, Walkerton, IN 46574
6beds
3,066sqft
Fiveplex
Built in 1986
-- sqft lot
$184,800 Zestimate®
$--/sqft
$1,868 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 26, 2024 at 07:53pm
Listed by:
Natashia F Bontrager Cell:574-202-2752,
McKinnies Realty, LLC
Bought with:
Shannon K Lunetta
RE/MAX OAK CREST -PLYMOUTH
Source: IRMLS,MLS#: 202329188
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Laminate Counters
- Flooring: Carpet, Laminate
- Basement: None
Interior area
- Total structure area: 3,066
- Total interior livable area: 3,066 sqft
- Finished area above ground: 3,066
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Paved, Private, On Street, Off Street Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,604 sqft
- Dimensions: 85 X 113
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 711624328001.000015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fiveplex
Materials
- Brick, Vinyl Siding, Wood Siding
- Roof: Rubber,Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: Town of Walkerton
- Sewer: City
- Water: City, Town of Walkerton
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Walkerton
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 28680
Other
Other facts
- Listing terms: Cash,Conventional,Purchase Money Mortgage
- Road surface type: Paved
Services availability
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$184,800
2% more+ $3,696
With Zillow Showcase(estimated)
$188,496