Great Investment Opportunity! 6-1BD/1BA all brick apartments. Well maintained and great rental history. Featuring a 8.0% cap rate and great NOI. This complex can be purchased individually and will also be listed in a portfolio.
Off market
Zestimate®
$417,100
1102 T St, Bedford, IN 47421
12beds
4,224sqft
MultiFamily
Built in 1984
-- sqft lot
$417,100 Zestimate®
$99/sqft
$978 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Unit 1 Laundry Room(None), Unit 3 Laundry Room(None), Unit 2 Laundry Room(None), Unit 4 Laundry Room(None), Unit 5 Laundry Room(None), Unit 6 Laundry Room(None)
Features
- Ceiling Fan(s), Laminate Counters, Beamed Ceilings
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Doors: Storm Doors, Storm Door(s), Six Panel Doors
- Windows: Storm Windows, Storm Window(s)
- Basement: Crawl Space
Interior area
- Total interior livable area: 4,224 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Exterior features: Brick
Lot
- Size: 0.41 Acres
- Features: Corner Lot, City Lot, City/Town/Suburb, Near Walking Trail
Details
- Zoning: City Zoning(Other)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Condition
- Year built: 1984
Utilities & green energy
- Electric: Duke Energy Indiana
- Sewer: City
- Water: City, Bedford City Utilities
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Bedford
HOA & financial
Other financial information
- Total actual rent: 37524
Other
Other facts
- Appliances: Range/Oven, Refrigerator, Electric Water Heater
- InteriorFeatures: Ceiling Fan(s), Laminate Counters, Beamed Ceilings
- Heating: Electric, Conventional
- HeatingYN: true
- Flooring: Laminate, Vinyl, Part Carpet, Mixed
- Utilities: Cable Available
- CoolingYN: true
- TenantPays: Cable TV, Electricity, Sewer, Water, Trash Collection, Heating, Cooling, Deposit Value, Unit 2 Electric, Unit 4 Electric, Unit 5 Electric, Unit 6 Electric
- NumberOfUnitsTotal: 6
- LeaseTerm: 12 Months, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 4 Rent Frequency(Monthly), Unit 5 Rent Frequency(Monthly), Unit 6 Rent Frequency(Monthly)
- ConstructionMaterials: Brick
- RoomsTotal: 30
- CurrentFinancing: Other
- LotFeatures: Corner Lot, City Lot, City/Town/Suburb, Near Walking Trail
- OwnerPays: Grounds Care, Insurance, Taxes, Snow Removal, Maintenance, Unit 1 Electric, Unit 3 Electric
- PetsAllowed: Yes
- Basement: Crawl Space
- WindowFeatures: Storm Windows, Storm Window(s)
- NumberOfUnitsLeased: 6
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- CoveredSpaces: 0
- DoorFeatures: Storm Doors, Storm Door(s), Six Panel Doors
- Cooling: Central Air, Ceiling Fan(s)
- OpenParkingYN: true
- ArchitecturalStyle: Other
- CommunityFeatures: Sidewalks
- ParkingFeatures: Off Street, On Street, Paved, Private, Unit 2 Garage TypeNone), Unit 1 Garage TypeNone), Unit 3 Garage TypeNone), Unit 4 Garage TypeNone), Unit 5 Garage TypeNone)
- SecurityFeatures: Smoke Detector(s)
- BelowGradeFinishedArea: 0
- FuelExpense: 0
- ElectricExpense: 500
- WaterSource: City, Bedford City Utilities
- Roof: Dimensional Shingles
- OtherExpense: 0
- WaterSewerExpense: 1382
- InsuranceExpense: 1577
- Sewer: City
- MlsStatus: Active
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Electric: Duke Energy Indiana
- Zoning: City Zoning(Other)
- LaundryFeatures: Unit 1 Laundry Room(None), Unit 3 Laundry Room(None), Unit 2 Laundry Room(None), Unit 4 Laundry Room(None), Unit 5 Laundry Room(None), Unit 6 Laundry Room(None)
- GrossIncome: 3127
- MaintenanceExpense: 3752
- NetOperatingIncome: 26293
- TotalActualRent: 37524
- TaxAnnualAmount: 4020
- ListPriceLow: 309900