INVESTMENT OPPORTUNITY!! This partially finished 4 separate unit apartment building is a great opportunity for a long term investment. 1 Unit is completely finished and has a tenant. The other 3 are in the process of getting ready. The 2 upstairs apartments are all roughed in and ready for finishing touches with the other downstairs apartment partially roughed in but needs a little more work. With rent at $750 per month minimum per Apartment you can make your money back real quick on this one. Come check this out as soon as possible!! This property is being sold AS-IS
Off market
$418,300
234-234 S Main St #236, Tipton, IN 46072
15beds
4,186sqft
MultiFamily
Built in 1910
-- sqft lot
$418,300 Zestimate®
$100/sqft
$1,010 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Microwave, Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(Utility Room)
Features
- Laminate Counters
- Flooring: Carpet, Linoleum / Vinyl
- Windows: Double Pane Windows
- Basement: Full, Block
Interior area
- Total interior livable area: 4,186 sqft
- Finished area below ground: 0
Property
Features
- Entry location: Unit 1 Level(Main)
Lot
- Size: 0.30 Acres
- Features: Corner Lot, 0 to 2.9999 Acres, City/Town/Suburb
Details
- Parcel number: 801111546104.000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Tipton
HOA & financial
Other financial information
- Total actual rent: 36000
Other
Other facts
- Flooring: Carpet, Vinyl
- Heating: Forced Air, Electric
- Appliances: Range/Oven, Refrigerator, Microwave, Electric Water Heater
- Roof: Asphalt, Dimensional Shingles
- HeatingYN: true
- CoolingYN: true
- Basement: Full, Block
- NumberOfUnitsTotal: 4
- LeaseTerm: 12 Months
- ConstructionMaterials: Aluminum Siding
- CurrentFinancing: Conventional
- WindowFeatures: Double Pane Windows
- LotFeatures: Corner Lot, 0 to 2.9999 Acres, City/Town/Suburb
- ArchitecturalStyle: Traditional
- OwnerPays: Grounds Care, Insurance
- PetsAllowed: Yes
- GrossIncome: 3000
- FarmLandAreaUnits: Square Feet
- FoundationDetails: Brick/Mortar, Basement
- TrashExpense: 0
- WaterSewerExpense: 0
- NumberOfUnitsLeased: 1
- MaintenanceExpense: 0
- Cooling: Central Air
- OpenParkingYN: true
- TenantPays: Electricity, Sewer, Water, Trash Collection, Heating, Cooling
- ParkingFeatures: On Street, Public
- InteriorFeatures: Laminate Counters
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 0
- TotalActualRent: 36000
- NumberOfSeparateElectricMeters: 4
- NumberOfSeparateGasMeters: 4
- WaterSource: City
- NumberOfSeparateWaterMeters: 4
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(Utility Room)
- Sewer: City
- MlsStatus: Back On Market
- EntryLocation: Unit 1 Level(Main)
- NetOperatingIncome: 34216