Welcome to this fantastic 8-unit commercial building in the heart of downtown Flora, Indiana! Boasting a mix of residential and commercial spaces, this property offers tremendous potential. Currently, 4 apartments are rented, generating steady income, while 2 apartments and 1 commercial space are vacant, providing an opportunity for expansion or customization. One of the commercial spaces is a thriving coffee shop, adding to the building's appeal. With a monthly gross income exceeding $3,100, this property promises an attractive return on investment. Don't miss the chance to own this versatile and lucrative commercial building in a prime location.
Closed
$170,000
23 S Center St, Flora, IN 46929
5beds
6,610sqft
Eightplex
Built in 1895
-- sqft lot
$238,500 Zestimate®
$--/sqft
$1,160 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 09, 2024 at 09:50am
Listed by:
Calvin Dykhuizen Agt:765-426-3928,
Keller Williams Lafayette
Bought with:
LAF NonMember
NonMember LAF
Source: IRMLS,MLS#: 202323156
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard
Cooling
- Window Unit(s)
Features
- Ceiling-9+
- Flooring: Carpet, Wood
- Basement: Partial,Unfinished,Brick
Interior area
- Total structure area: 11,110
- Total interior livable area: 6,610 sqft
- Finished area above ground: 6,610
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,878 sqft
- Dimensions: 45x108
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 081003007034.000016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Eightplex
Materials
- Brick
- Foundation: Basement
- Roof: Flat
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Flora
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 42900
Other
Other facts
- Listing terms: Cash,Conventional