Apartment building with 3 units that has newer windows, siding & furnace. Great income property with little to do for the investor that has no time for maintenance!
Off market
$213,000
751 N Elm St, Nappanee, IN 46550
4beds
2,560sqft
MultiFamily
Built in 1950
-- sqft lot
$213,000 Zestimate®
$83/sqft
$1,142 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups
Features
- Flooring: Carpet, Laminate
- Basement: Basement (not specified)
- Has fireplace: No
Interior area
- Structure area source: Assessor
- Total interior livable area: 2,560 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Off-street, On-street
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Combined),Unit 3 Level(Upper)
- Exterior features: Vinyl, Cement / Concrete
- Has view: Yes
- View description: Territorial, City
Lot
- Size: 6,556 sqft
- Features: Level, City/Town/Suburb
Details
- Parcel number: 201431103008000029
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Nappanee
HOA & financial
Other financial information
- Total actual rent: 23760
Other
Other facts
- Appliances: Range/Oven, Refrigerator
- Roof: Asphalt
- HeatingYN: true
- Flooring: Laminate, Vinyl
- Heating: Natural Gas, Hot Water
- NumberOfUnitsTotal: 3
- OwnerPays: Sewer, Water, Electricity, Maintenance, Heating, Unit 1 Electric, Unit 3 Electric, Unit 2 Electric, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas
- ConstructionMaterials: Aluminum Siding
- LotFeatures: Level, City/Town/Suburb
- ArchitecturalStyle: Traditional
- LeaseTerm: Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly)
- Basement: Crawl Space, Block
- NumberOfBuildings: 1
- NumberOfUnitsLeased: 3
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- RoadFrontageType: City Street
- MaintenanceExpense: 600
- LivingAreaSource: Assessor
- BelowGradeFinishedAreaSource: Assessor
- BuildingAreaSource: Assessor
- ParkingFeatures: Off Street
- BelowGradeFinishedArea: 0
- FuelExpense: 720
- RoadSurfaceType: Asphalt
- NumberOfSeparateElectricMeters: 3
- NumberOfSeparateGasMeters: 1
- WaterSource: City
- NumberOfSeparateWaterMeters: 1
- ElectricExpense: 720
- AboveGradeFinishedAreaSource: Assessor
- WaterSewerExpense: 1440
- LaundryFeatures: Washer/Dryer Hookups
- PetsAllowed: Pet Restrictions
- InsuranceExpense: 1680
- Sewer: City
- MlsStatus: Active
- GrossIncome: 1980
- OtherExpense: 84
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Combined),Unit 3 Level(Upper)
- NetOperatingIncome: 16487
- TotalActualRent: 23760
- TaxAnnualAmount: 2029
- ListPriceLow: 325000
- Road surface type: Asphalt