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Off market
  • $186,800

    206 E Broad Ave, Nappanee, IN 46550

    4beds
    2,304sqft
    MultiFamily
    Built in 1949
    -- sqft lot
    $186,800 Zestimate®
    $81/sqft
    $1,255 Estimated rent

    Owner options

    List your home for rent

    $1,255/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,255/mo

    Rent Zestimate®

    Refinance and save

    $920/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $920/mo

    Est. payment

    What's special

    This is a 3 unit rental property with downstairs 1 bdrm, 1 bath @ $700/month utilities included and upstairs A- $500/mo including utilities and upstairs B-$700/mo including utilities. Great investment rental income possibility!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Other, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Crawl Space, Block
    • Has fireplace: No
    Interior area
    • Structure area source: Assessor
    • Total interior livable area: 2,304 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Entry location: Unit 1 Level(Main),Unit 2 Level(Upper),Unit 3 Level(Main),Unit 4 Level(Upper)
    • Patio & porch: Porch
    • Exterior features: Vinyl, Cement / Concrete
    • Has view: Yes
    • View description: Territorial, City
    Lot
    • Size: 6,839 sqft
    • Features: Level, City/Town/Suburb
    Details
    • Parcel number: 201431103014000029

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1949

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Location
    • Region: Nappanee

    HOA & financial

    Other financial information
    • Total actual rent: 21600

    Other

    Other facts
    • Appliances: Range/Oven, Refrigerator
    • Roof: Asphalt
    • HeatingYN: true
    • Heating: Natural Gas, Hot Water
    • NumberOfUnitsTotal: 3
    • ConstructionMaterials: Aluminum Siding
    • LotFeatures: Level, City/Town/Suburb
    • LeaseTerm: Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly)
    • OwnerPays: Water, Electricity, Heating, Unit 1 Electric, Unit 3 Electric, Unit 2 Electric, Unit 2 Gas, Unit 3 Gas
    • Basement: Crawl Space, Block
    • NumberOfBuildings: 1
    • NumberOfUnitsLeased: 3
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • GrossIncome: 1800
    • MaintenanceExpense: 480
    • LivingAreaSource: Assessor
    • BelowGradeFinishedAreaSource: Assessor
    • BuildingAreaSource: Assessor
    • PatioAndPorchFeatures: Porch
    • BelowGradeFinishedArea: 0
    • FuelExpense: 900
    • WaterSewerExpense: 1020
    • TotalActualRent: 21600
    • NumberOfSeparateElectricMeters: 3
    • NumberOfSeparateGasMeters: 1
    • WaterSource: City
    • Flooring: Mixed
    • NumberOfSeparateWaterMeters: 1
    • InsuranceExpense: 1440
    • AboveGradeFinishedAreaSource: Assessor
    • PetsAllowed: Pet Restrictions
    • ElectricExpense: 900
    • Sewer: City
    • OtherExpense: 66
    • MlsStatus: Active
    • EntryLocation: Unit 1 Level(Main),Unit 2 Level(Upper),Unit 3 Level(Main),Unit 4 Level(Upper)
    • NetOperatingIncome: 14971
    • TaxAnnualAmount: 1823
    • ListPriceLow: 325000