INVESTMENT
$ 129,500.00
- Post Updated:
2020-04-05 05:00:27 - MLS #:
202009805 - Status:
Active - Type:
Other - Year built:
1900 - Area:
2016 sq ft - Lot Dimensions:
.20
Description
GREAT INVESTMENT OPPORTUNITY! Live rent free! Live in one unit and rent the other 2 units! Agreed purchase price will include 3 Units located on a city lot. Tenant pays electric/cable. Owner pays water/sewer. UNITS INCLUDE: The detached house is a duplex with (2) 1 Bedroom, 1 Bath Units. ($1150.00/month) 4 Year Updates: Furnace, Water Heater, Roof, and appliances. Converted Garage: 2 Bedroom 1 Bath Unit. ($700.00 a/month). Completely renovated within the last 3 years. Please allow 24 hour notice for showings. Total rent: $1850.00 a month.
View on map / Neighborhood
- LOCATION: City/Town/Suburb
- Township: Shawswick
- Directions to Property: Head East on 58/5th Street , Property on the left between S and R Street.
Schools
- School District: North Lawrence Community Schools
- Elementary: Stalker
- Middle School: Bedford
- High School: Bedford-North Lawrence
Rooms & Units Description
- Bedrooms: 4
- Total # Full Baths: 3
- Bathrooms: 3
- # Above Grade Bedrooms: 4
- Number of Buildings: 2
- Number of Units: 3
- Unit 1-# of Bedrooms: 2
- Unit 2-# of Rooms: 3
- Unit 2-# of Bedrooms: 1
- Unit 3-# of Rooms: 3
- Unit 3-# of Bedrooms: 1
- Num. of Units Rented: 2
- Num. of Efficiencies: 3
- Num. of 1 Bedrooms: 2
- Unit 1-Lease Exp. Date: 2020-03-16
- Unit 1-Unit #: 1801
- Unit 1-Level: Main
- Unit 1-Currently Rntd Y/N: No
- Unit 1-Rent Frequency: Monthly
- Unit 1-Basement Y/N: No
- Unit 1-Garage Y/N: No
- Unit 1-Gas: None
- Unit 1-Electric: Tenant
- Unit 2-Unit #: 1807
- Unit 2-Level: Main
- Unit 2-Currently Rntd Y/N: Yes
- Unit 2-Rent Frequency: Monthly
- Unit 2-Basement Y/N: Yes
- Unit 2-Garage Y/N: No
- Unit 2-Gas: None
- Unit 2-Electric: Tenant
- Unit 3-Unit #: 429 R
- Unit 3-Level: Combined
- Unit 3-Currently Rntd Y/N: Yes
- Unit 3-Rent Frequency: Monthly
- Unit 3-Basement Y/N: Yes
- Unit 3-Garage Y/N: No
- Unit 3-Garage Type: None
- Unit 3-Gas: None
- Unit 3-Electric: Tenant
- Unit 1-Laundry Room: Bathroom
- Unit 2-Laundry Room: Kitchen
- Unit 3-Laundry Room: Kitchen
- Outbuilding: None
- Unit 1 SqFt: 720
- Unit 2 SqFt: 1008
- Unit 3 SqFt: 1008
- Num. of 2 Bedrooms: 1
- Unit 1-Unit Rent $: 700
- Unit 2-Unit Rent $: 575
- Unit 3-Unit Rent $: 575
- Unit 1-# of Bathrooms: 1
- Unit 1-Deposit Amt: 700
- Unit 2-# of Bathrooms: 1
- Unit 2-Deposit Amt: 575
- Unit 3-# of Bathrooms: 1
- Unit 3-Deposit Amt: 575
- Unit 1-# of Rooms: 4
Property Details
- LOT DESCRIPTION: Level,0-2.9999
- Stories: 1.5
- Total Finished SqFt: 2016
- Upper Level SqFt: 1008
- Main Level SqFt: 1008 1008
- Approx. Lot Size SqFt: 8712
- Above Grade Finished SqFt: 2016
- Price per Total Finished SQFT: 64.24
- Sale/Rent/Auction: For Sale
- Approx. Lot Size Acres: 0.2
- Subdivision: None
- Style: Other
- New Construction: No
- Area: Lawrence County
- Parcel# ID: 47-06-14-221-020.000-010
- Age: 120
- Planned Unit Dev. Y/N: No
- Auction Y/N: No
- SALE INCLUDES: Building,Land
- LEASE TERM: 1 Year
- Unbranded Virtual Tour: https://www.propertypanorama.com/instaview/irmls/202009805
Property Features
- Pool Y/N: No
- Platted Y/N: Yes
- Waterfront Y/N: No
- FLOORING: Carpet,Wood,Vinyl
- DRIVEWAY: Gravel
- ELECTRIC COMPANY: Duke Energy Indiana
- ROOF MATERIAL: Shingle
- AMENITIES: Ceiling Fan,Off Street Parking,Cable Available,Countertops-Laminate,Detector-Smoke,Eat-In Kitchen,Water Heater Electric,Washer Hook-Up
- WATER FEATURES: None
- COOLING: Central Air
- HEATING/FUEL: Electricity,Forced Air
- EXTERIOR: Vinyl,Wood
- Road Access: City
- Road Surface: Paved
- Sewer: City
- Water Utility: City
- Basement Y/N: Yes
- BASEMENT/FOUNDATION: Partial Basement
- BASEMENT MATERIAL: Stone
- COMMON AMENITIES: Laundry Facilities
- WATER COMPANY: Bedford City Utilities
- PARKING: Gravel
- # Water Meters: 1
- # Electric Meters: 3
- # of Refrigerators: 3
- # of Ranges/Ovens: 3
- # of Dishwashers: 1
- # of Washers: 2
- # of Dryers: 2
- # of W/D Hookups: 3
- # of Parking Spaces: 6
- Pet Restrictions Y/N: No
Financials
- Assoc. Dues Frequency: Not Applicable
- Year Taxes Payable: 2019
- Annual Insurance Expense: 1800
- Annual Gross Rent $: 22200
- Annual Water/Sewer Exp.: 1560
- Gross Monthly Rent: 1850
- Gross Monthly Income: 1850
- Annual Property Tax: 2030
- Annual Net Income: 16810
Courtesy of
- Listing Office: Keach & Grove
Disclaimer
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated Monday, September 14th, 2020 at 5:00 AM UTC