RARE INVESTMENT OPPORTUNITY in North Manchester! SEVEN apartments plus 6 off street parking spots and a laundry facility in a well cared for historic brick structure on a corner lot! Nicely landscaped with a picket fence in the heart of town and close to everything. This property offers fully leased upper and lower level 1-2 bedroom apartments with 1-2 baths each and all appliances are included. Many tenants have occupied their apartment long term. Three units offer a fireplace for that cozy feel and many have updated flooring and bathrooms. The main apartment has soaring ceilings, a great kitchen with stainless appliances, a new electric fireplace insert, and a screened porch for enjoyment. This complex has always been well maintained inside and out and has great curb appeal. View the floor scan for details regarding each apartment. Own a piece of history and collect some income! Serious and pre-approved buyers only.
Closed
$365,000
102 E 2nd St, North Manchester, IN 46962
12beds
6,768sqft
Sevenplex
Built in 1900
-- sqft lot
$432,900 Zestimate®
$--/sqft
$1,182 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 31, 2023 at 12:42pm
Listed by:
Andrea Greer Markham 260-571-3778,
Manchester Realty
Bought with:
Missy Damron, RB21002801
M&M Rental Property Mgmt & Realty
Source: IRMLS,MLS#: 202320102
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Heating
- Natural Gas, Baseboard, Hot Water, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Carpet, Tile, Vinyl
- Basement: Partial,Unfinished,Brick
- Has fireplace: Yes
Interior area
- Total structure area: 7,833
- Total interior livable area: 6,768 sqft
- Finished area above ground: 6,768
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Paved, Private, Off Street Parking, Concrete
- Has uncovered spaces: Yes
Features
- Levels: Two and Half Story
- Stories: 2
- Patio & porch: Screened
- Fencing: Partial,Picket,Vinyl,Fenced
Lot
- Size: 9,147 sqft
- Dimensions: 78X116
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 850705201005.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Sevenplex
Materials
- Brick, Vinyl Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: NIPSCO
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: North Manchester
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 50100