Rare opportunity to invest in Middlebury Apartments! This 16 unit apartment building is fully occupied plus has a detached 8 stall garage space for additional income.
Off market
$856,300
412 Crystal Valley Dr, Middlebury, IN 46540
24beds
7,095sqft
MultiFamily
Built in 1984
-- sqft lot
$856,300 Zestimate®
$121/sqft
$1,164 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(Other), Unit 2 Laundry Room(Other)
Interior area
- Total interior livable area: 7,095 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 25
Features
- Patio & porch: Patio Open
- Exterior features: Vinyl, Brick
Lot
- Size: 0.98 Acres
- Features: Level, Corner Lot, 0 to 2.9999 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1984
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Middlebury
HOA & financial
Other financial information
- Total actual rent: 106196
Other
Other facts
- Heating: Forced Air, Natural Gas
- Appliances: Range/Oven, Refrigerator, Dryer, Washer
- HeatingYN: true
- CoolingYN: true
- RoomsTotal: 9
- NumberOfUnitsTotal: 16
- LeaseTerm: 12 Months
- OwnerPays: Sewer, Grounds Care, Water, Taxes, Maintenance
- ConstructionMaterials: Vinyl Siding, Brick
- LotFeatures: Level, Corner Lot, 0 to 2.9999 Acres
- ExteriorFeatures: Balcony
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- Cooling: Central Air
- TenantPays: Electricity, Heating
- ParkingFeatures: Off Street
- BelowGradeFinishedArea: 0
- NumberOfUnitsLeased: 16
- WaterSource: City
- PatioAndPorchFeatures: Patio Open
- Flooring: Mixed
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(Other), Unit 2 Laundry Room(Other)
- PetsAllowed: Pet Restrictions
- NumberOfSeparateGasMeters: 16
- NumberOfSeparateElectricMeters: 17
- InsuranceExpense: 6400
- Sewer: City
- MlsStatus: Active
- ListPriceLow: 525000
- ElectricExpense: 1590
- FuelExpense: 1590
- GrossIncome: 8850
- MaintenanceExpense: 5359
- NetOperatingIncome: 76179.02
- TaxAnnualAmount: 10591.98
- TotalActualRent: 106196
- WaterSewerExpense: 4486
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$856,300
2% more+$17,126
With Zillow Showcase(estimated)$873,426