Great Investment with excellent rental history! 100% occupied six-plex with a great rental history! This property consists of 3 separate buildings with two duplexes per building. Each duplex is 2 story, 2BD/1BA with washer/dryer hook ups. Kitchen and living room on main level, and bedrooms and bath on upper. Tenants are responsible for their own utilities. Great NOI and Cap Rate at 8.44%
Off market
Zestimate®
$506,000
1318-1412 Beech St, Bedford, IN 47421
12beds
4,752sqft
MultiFamily
Built in 1997
-- sqft lot
$506,000 Zestimate®
$106/sqft
$1,051 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Gas
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(Utility Room), Unit 2 Laundry Room(Utility Room), Unit 3 Laundry Room(Utility Room), Unit 4 Laundry Room(Utility Room), Unit 6 Laundry Room(Utility Room), Unit 5 Laundry Room(Utility Room)
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate
- Basement: Block
Interior area
- Structure area source: Assessor
- Total interior livable area: 4,752 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
Features
- Entry location: Unit 1 Level(Combined),Unit 2 Level(Combined),Unit 3 Level(Main)
- Exterior features: Vinyl
- Waterfront features: No Water Features
Lot
- Size: 0.30 Acres
- Features: Level, 0 to 2.9999 Acres, City/Town/Suburb
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Condition
- Year built: 1997
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: Vectren Energy
- Sewer: City
- Water: Public, 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: 48300
Other
Other facts
- WaterSource: Public, Bedford City Utilities
- Flooring: Carpet, Laminate
- Appliances: Range/Oven, Refrigerator, Electric Water Heater
- InteriorFeatures: Ceiling Fan(s)
- Roof: Shingle
- HeatingYN: true
- Utilities: Cable Available
- CoolingYN: true
- Heating: Natural Gas
- TenantPays: Cable TV, Electricity, Water, Unit 1 Electric, Unit 2 Electric, Unit 3 Electric, Unit 4 Electric, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas, Unit 4 Gas, Unit 5 Gas, Unit 5 Electric, Unit 6 Electric, Unit 6 Gas
- 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)
- ConstructionMaterials: Vinyl Siding
- RoomsTotal: 30
- CurrentFinancing: Conventional
- LotFeatures: Level, 0 to 2.9999 Acres, City/Town/Suburb
- OwnerPays: Grounds Care, Taxes
- PetsAllowed: Yes
- NumberOfBuildings: 3
- NumberOfUnitsLeased: 6
- FarmLandAreaUnits: Square Feet
- CoveredSpaces: 0
- LivingAreaSource: Assessor
- BelowGradeFinishedAreaSource: Assessor
- BuildingAreaSource: Assessor
- Cooling: Central Air
- OpenParkingYN: true
- ArchitecturalStyle: Other
- GrossIncome: 4025
- Basement: Block
- SecurityFeatures: Smoke Detector(s)
- BelowGradeFinishedArea: 0
- ParkingFeatures: Parking Lot, Gravel Driveway, Unit 2 Garage TypeNone), Unit 1 Garage TypeNone), Unit 3 Garage TypeNone), Unit 4 Garage TypeNone), Unit 5 Garage TypeNone), Unit 6 Garage TypeNone)
- AboveGradeFinishedAreaSource: Assessor
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(Utility Room), Unit 2 Laundry Room(Utility Room), Unit 3 Laundry Room(Utility Room), Unit 4 Laundry Room(Utility Room), Unit 6 Laundry Room(Utility Room), Unit 5 Laundry Room(Utility Room)
- Sewer: City
- TrashExpense: 8
- MlsStatus: Active
- Gas: Vectren Energy
- WaterfrontFeatures: No Water Features
- Electric: Duke Energy Indiana
- EntryLocation: Unit 1 Level(Combined),Unit 2 Level(Combined),Unit 3 Level(Main)
- TaxAnnualAmount: 4760
- ListPriceLow: 419900
- ElectricExpense: 1179.33
- FuelExpense: 769.43
- InsuranceExpense: 595.36
- MaintenanceExpense: 4203.27
- NetOperatingIncome: 34076.61
- TotalActualRent: 48300
- WaterSewerExpense: 2708