INVESTMENT
$ 680,000.00
$ 680,000.00
751 N Elm St, Nappanee, IN 46550, USA
- Post Updated:
2020-04-05 05:00:36 - MLS #:
202009814 - Status:
Active - Type:
Triplex - Year built:
1950 - Area:
2560 sq ft - Lot Dimensions:
93 x 69
Description
Great investment opportunity! The hard work is already done, 100% occupancy. 11 rental units (4 total properties) Located in Nappanee, Indiana to be sold as 1 lot. Add this “cash-flow” to your portfolio. 751 N Elm St / 206 E Broad Ave / 456 E Walnut St / 208-210 E Market
View on map / Neighborhood
- LOCATION: City/Town/Suburb
- Township: Union
- Directions to Property: State Road 19 North to E John Street. East on E John street to Elm Street. North on Elm to property.
Schools
- School District: Wa-Nee Community Schools
- Elementary: Nappanee
- Middle School: NorthWood
- High School: NorthWood
Rooms & Units Description
- Bedrooms: 3
- Total # Full Baths: 3
- Bathrooms: 3
- # Above Grade Bedrooms: 3
- Number of Buildings: 1
- Number of Units: 3
- Unit 1-# of Bedrooms: 1
- Unit 2-# of Bedrooms: 1
- Unit 3-# of Bedrooms: 1
- Num. of Units Rented: 3
- Num. of 1 Bedrooms: 3
- Unit 1-Level: Main
- Unit 1-Currently Rntd Y/N: Yes
- Unit 1-Rent Frequency: Monthly
- Unit 1-Basement Y/N: No
- Unit 1-Gas: Owner
- Unit 1-Electric: Owner
- Unit 2-Level: Combined
- Unit 2-Currently Rntd Y/N: Yes
- Unit 2-Rent Frequency: Monthly
- Unit 2-Basement Y/N: No
- Unit 2-Gas: Owner
- Unit 2-Electric: Owner
- Unit 3-Level: Upper
- Unit 3-Currently Rntd Y/N: Yes
- Unit 3-Rent Frequency: Monthly
- Unit 3-Gas: Owner
- Unit 3-Electric: Owner
- Outbuilding: None
- Unit 1-Unit Rent $: 700
- Unit 2-Unit Rent $: 640
- Unit 3-Unit Rent $: 640
- Unit 1-# of Bathrooms: 1
- Unit 2-# of Bathrooms: 1
- Unit 3-# of Bathrooms: 1
Property Details
- LOT DESCRIPTION: Level
- Stories: 2
- Total Finished SqFt: 2560
- Upper Level SqFt: 1280
- Main Level SqFt: 1280 1280
- Approx. Lot Size SqFt: 6556
- Above Grade Finished SqFt: 2560
- Price per Total Finished SQFT: 265.63
- Sale/Rent/Auction: For Sale
- Approx. Lot Size Acres: 0.1505
- Subdivision: Broadmoor
- Style: Two Story
- New Construction: No
- Area: Elkhart County
- Parcel# ID: 20-14-31-103-008.000-029
- Age: 70
- Planned Unit Dev. Y/N: No
- Auction Y/N: No
- SALE INCLUDES: Building,Land
- LEASE TERM: None
Property Features
- Pool Y/N: No
- Platted Y/N: Yes
- Waterfront Y/N: No
- FLOORING: Laminate,Vinyl
- ROOF MATERIAL: Asphalt
- AMENITIES: Washer Hook-Up
- ARCHITECTURAL STYLE: Traditional
- COOLING: None
- HEATING/FUEL: Gas,Hot Water
- EXTERIOR: Aluminum
- Road Access: City
- Road Surface: Asphalt
- Sewer: City
- Water Utility: City
- Basement Y/N: No
- BASEMENT/FOUNDATION: Crawl
- BASEMENT MATERIAL: Block
- PARKING: Off Street
- # Water Meters: 1
- # Electric Meters: 3
- # Gas Meters: 1
- # of Refrigerators: 3
- # of Ranges/Ovens: 3
- # of W/D Hookups: 1
- # of Parking Spaces: 3
- Pet Restrictions Y/N: Yes
Financials
- Assoc. Dues Frequency: Not Applicable
- Assoc. Restrictions Y/N: No
- Year Taxes Payable: 2018
- Annual Insurance Expense: 1680
- Annual Gross Rent $: 23760
- Annual Water/Sewer Exp.: 1440
- Annual Fuel Expense: 720
- Annual Electric Expense: 720
- Gross Monthly Rent: 1980
- Gross Monthly Income: 1980
- Annual Property Tax: 2029
- Annual Misc.: 84
- Annual Net Income: 16487
- Annual Maint. Expense: 600
Courtesy of
- Listing Office: Hire Weaver Realty
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
This Triplex style property is located in Nappanee is currently INVESTMENT and has been listed on Kimberly Clark Coldwell Banker. This property is listed at $ 680,000.00. It has 3 bedrooms, 3 bathrooms, and is 2560 sq ft. The property was built in 1950 year.