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Off market
    • $621,900

    5 5th & V Street 509 513 515 517 #503-505-51, Bedford, IN 47421

    14beds
    5,936sqft
    MultiFamily
    Built in 1995
    -- sqft lot
    $621,900 Zestimate®
    $105/sqft
    $1,811 Estimated rent

    What's special

    Great investment opportunity! Seven-plex/Townhomes with great rental history. 100% occupied. All 2BD/1BA with private parking. 2bd/1BA on upper level, main level living room and kitchen, and garage/laundry area on lower level. Tenants responsible for all utilities. Property located right off of 5th Street in Bedford. Close to 37. Many units have been updated including new paint, flooring, and fixtures. Great NOI and Cap Rate!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Washer/Dryer Hookups, Unit 2 Laundry Room(Basement), Unit 3 Laundry Room(Basement), Unit 1 Laundry Room(Basement), Unit 4 Laundry Room(Basement), Unit 5 Laundry Room(Basement), Unit 6 Laundry Room(Basement)
    Features
    • Ceiling Fan(s), Storage
    • Flooring: Carpet, Laminate
    • Basement: Partial, Concrete, Unit 1 Basement, Unit 2 Basement, Unit 3 Basement, Unit 4 Basement, Unit 5 Basement, Unit 6 Basement
    Interior area
    • Total interior livable area: 5,936 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 14
    • Parking features: Garage - Attached
    Features
    • Entry location: Unit 1 Level(Combined),Unit 2 Level(Combined),Unit 3 Level(Main)
    • Exterior features: Vinyl
    • Waterfront features: No Water Features
    Lot
    • Size: 0.30 Acres
    • Features: Sloped, City/Town/Suburb

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Condition
    • Year built: 1995

    Utilities & green energy

    • Electric: Duke Energy Indiana
    • Gas: Vectren Energy
    • Sewer: City
    • Water: City, Bedford City Utilities

    Community & neighborhood

    Location
    • Region: Bedford

    HOA & financial

    Other financial information
    • Total actual rent: 58680

    Other

    Other facts
    • Flooring: Carpet, Laminate
    • Heating: Forced Air
    • Appliances: Range/Oven, Refrigerator
    • InteriorFeatures: Ceiling Fan(s), Storage
    • Roof: Shingle
    • GarageYN: true
    • AttachedGarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • TenantPays: Cable TV, Electricity, Sewer, Water, Heating, 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
    • Basement: Partial, Concrete, Unit 1 Basement, Unit 2 Basement, Unit 3 Basement, Unit 4 Basement, Unit 5 Basement, Unit 6 Basement
    • 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)
    • ConstructionMaterials: Vinyl Siding
    • NumberOfUnitsTotal: 7
    • RoomsTotal: 36
    • CurrentFinancing: Other
    • OwnerPays: Grounds Care, Snow Removal
    • PetsAllowed: Yes
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • NumberOfUnitsLeased: 7
    • CoveredSpaces: 6
    • NumberOfBuildings: 7
    • Cooling: Central Air
    • OpenParkingYN: true
    • ArchitecturalStyle: Other
    • LotFeatures: Sloped, City/Town/Suburb
    • ParkingFeatures: Garage, Concrete, Private, Unit 1 Garage, Unit 2 Garage, Unit 3 Garage, Unit 4 Garage, Unit 5 Garage, Unit 2 Garage TypeBasement), Unit 6 Garage TypeBasement), Unit 1 Garage TypeBasement), Unit 3 Garage TypeBasement), Unit 4 Garage TypeBasement), Unit 5 Garage TypeBasement), Unit 6 Garage
    • BelowGradeFinishedArea: 0
    • FuelExpense: 0
    • InsuranceExpense: 0
    • NumberOfSeparateElectricMeters: 7
    • WaterSource: City, Bedford City Utilities
    • OtherExpense: 0
    • LaundryFeatures: Washer/Dryer Hookups, Unit 2 Laundry Room(Basement), Unit 3 Laundry Room(Basement), Unit 1 Laundry Room(Basement), Unit 4 Laundry Room(Basement), Unit 5 Laundry Room(Basement), Unit 6 Laundry Room(Basement)
    • Sewer: City
    • NumberOfSeparateWaterMeters: 7
    • MlsStatus: Active
    • Gas: Vectren Energy
    • WaterfrontFeatures: No Water Features
    • Electric: Duke Energy Indiana
    • EntryLocation: Unit 1 Level(Combined),Unit 2 Level(Combined),Unit 3 Level(Main)
    • TaxAnnualAmount: 5794
    • ListPriceLow: 529900
    • ElectricExpense: 55.82
    • GrossIncome: 4890
    • MaintenanceExpense: 3682.81
    • NetOperatingIncome: 49057.29
    • TotalActualRent: 58680
    • WaterSewerExpense: 90.08
    Services availability
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