Investment property. Brick 4-unit apartment building. One story ranch structure with storage units for each tenant. One bedroom and one bath units. 5 electric meters. One for each unit to Pay their own electric. 12-month lease. $450-400 rent per month.
Off market
$145,600
2404 State St, New Castle, IN 47362
4beds
1,725sqft
MultiFamily
Built in 1965
-- sqft lot
$145,600 Zestimate®
$84/sqft
$988 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- None
Features
- Open Floorplan
- Flooring: Laminate, Linoleum / Vinyl
Interior area
- Structure area source: Assessor
- Total interior livable area: 1,725 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Exterior features: Brick
Lot
- Size: 8,276 sqft
- Features: Level
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Condition
- Year built: 1965
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: New Castle
HOA & financial
Other financial information
- Total actual rent: 21600
Other
Other facts
- Heating: Baseboard, Electric
- ArchitecturalStyle: Ranch
- HeatingYN: true
- Flooring: Laminate, Vinyl
- FoundationDetails: Slab
- NumberOfUnitsTotal: 4
- LeaseTerm: 12 Months
- OwnerPays: Sewer, Trash Collection, Water
- ConstructionMaterials: Brick
- PropertyAttachedYN: true
- LotFeatures: Level
- NumberOfBuildings: 1
- FarmLandAreaUnits: Square Feet
- NumberOfUnitsLeased: 4
- GrossIncome: 1800
- MaintenanceExpense: 0
- LivingAreaSource: Assessor
- BelowGradeFinishedAreaSource: Assessor
- BuildingAreaSource: Assessor
- TenantPays: Electricity
- ParkingFeatures: Off Street
- Appliances: Electric Water Heater
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- TotalActualRent: 21600
- InteriorFeatures: Open Floorplan
- NumberOfSeparateElectricMeters: 5
- NumberOfSeparateGasMeters: 0
- WaterSource: City
- NumberOfSeparateWaterMeters: 1
- InsuranceExpense: 840
- AboveGradeFinishedAreaSource: Assessor
- OtherExpense: 0
- PetsAllowed: Pet Restrictions
- WaterSewerExpense: 990
- Sewer: City
- MlsStatus: Active
- TrashExpense: 250
- TaxAnnualAmount: 462
- ListPriceLow: 99900
- NetOperatingIncome: 19058