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  • $1,300,000

    10601 Cunot Cataract Rd, Poland, IN 47868

    36beds
    20,232sqft
    Apartment Complex
    Built in 1999
    -- sqft lot
    $1,333,600 Zestimate®
    $--/sqft
    $1,166 Estimated rent

    Owner options

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    $1,166/mo

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    $1,166/mo

    Rent Zestimate®

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    $6,222/mo

    Est. payment

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    $6,222/mo

    Est. payment

    What's special

    There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings' roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.

    Zillow last checked: 8 hours ago

    Listing updated: November 14, 2024 at 09:39am

    Listed by:

    Ron Plecher Offc:812-323-1231,

    Realty Professionals

    Bought with:

    BLOOM NonMember

    NonMember BL

    Source: IRMLS,MLS#: 202423104MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 36
    • Bathrooms: 25
    • Full bathrooms: 24
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer Hookup
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s), Open Floorplan
    • Flooring: Carpet, Laminate, Vinyl Tile
    • Has basement: No
    Interior area
    • Total structure area: 20,884
    • Total interior livable area: 20,232 sqft
    • Finished area above ground: 20,232
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 44
    • Parking features: Parking Lot, Concrete
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch Covered
    • Fencing: Decorative,Wood
    Lot
    • Size: 5.99 Acres
    • Dimensions: 781x417x1129x273
    • Features: Level, Rural
    Details
    • Additional structures: None
    • Additional parcels included: 6003-33-200-070.000-019
    • Parcel number: 600328300840.000019
    • Zoning description: Commercial Industrial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Apartment Complex
    Materials
    • Brick, Vinyl Siding
    • Foundation: Slab
    • Roof: Dimensional Shingles
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Electric: REMC
    • Gas: CenterPoint Energy
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Clubhouse, Laundry Facilities, Sidewalks
    Location
    • Region: Poland
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 174767

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved