Prime location in a heavy traffic area. Zoned B-2. This property features 3 Rental Units currently being rented on a month to month basis. Consistent rental history. Close to State Road 37. B-2 Zoning allows various uses of the property in the event of a potential buyer would like to use it for a different use. (Retail, Office space, Warehouse, Medical Offices, etc. OR Renovate and expand rental units! So many opportunities in the perfect location to succeed.
Off market
Zestimate®
$213,100
2620 16th St, Bedford, IN 47421
7beds
3,304sqft
Apartment Complex
Built in 1957
-- sqft lot
$213,100 Zestimate®
$64/sqft
$1,210 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Common Area, Washer/Dryer Hookups
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 3,304 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Carport, Garage
Features
- Exterior features: Stone, Wood
Lot
- Size: 0.30 Acres
- Features: Irregular Lot, 0 to 2.9999 Acres, City/Town/Suburb
Details
- Parcel number: 470622201015000010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment Complex
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1957
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: Vectren Energy
- Sewer: City
- Water: City, Bedford City Utilities
Community & neighborhood
Location
- Region: Bedford
HOA & financial
Other financial information
- Total actual rent: 18600
Other
Other facts
- Heating: Forced Air, Natural Gas
- RoadSurfaceType: Paved
- Appliances: Range/Oven, Refrigerator, Dryer, Microwave, Washer, Electric Water Heater
- Roof: Shingle
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 3
- TenantPays: Cable TV, Electricity, Heating, Cooling
- Basement: Partial
- ConstructionMaterials: Stone, Wood Siding
- OwnerPays: Sewer, Water
- LeaseTerm: Month To Month
- PetsAllowed: Yes
- NumberOfUnitsLeased: 3
- FarmLandAreaUnits: Square Feet
- FoundationDetails: Stone, Basement
- TrashExpense: 0
- RoadFrontageType: City Street
- MaintenanceExpense: 0
- Cooling: Central Air
- OpenParkingYN: true
- Flooring: Vinyl, Part Carpet
- LaundryFeatures: Common Area, Washer/Dryer Hookups
- ParkingFeatures: Off Street, Gravel, Gravel Driveway
- LotFeatures: Irregular Lot, 0 to 2.9999 Acres, City/Town/Suburb
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 0
- GrossIncome: 1550
- NumberOfSeparateElectricMeters: 3
- WaterSource: City, Bedford City Utilities
- NumberOfSeparateWaterMeters: 1
- OtherExpense: 0
- WaterSewerExpense: 1440
- PropertySubType: Apartment Complex
- Sewer: City
- TotalActualRent: 18600
- MlsStatus: Active
- Gas: Vectren Energy
- Electric: Duke Energy Indiana
- NetOperatingIncome: 14210
- Road surface type: Paved