This building has five 1 bedroom apartments plus attached one car garage for owner storage. This property is just one of seven buildings included in this portfolio sale. $170,000 improvement/investment in the last 3 years to these properties. 14 of the 25 units have been totally renovated with new kitchen, back splash, cabinets, bathrooms and flooring. Remaining units have long term tenants. The additional properties addresses as follows: 1202 N Washington St, 220 West 1st St, 411 South D St, 1208 N Washington St, 1520 W 4th St, 304 East Swayzee St. Includes 2 five plex, 4 triplex, 1 duplex with a single family home. Total of 25 units and 100% occupied. Income documents available upon request.
Off market
$228,000
303 N Washington St, Marion, IN 46952
5beds
3,400sqft
Other
Built in 1895
-- sqft lot
$228,000 Zestimate®
$67/sqft
$1,365 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 5
Heating
- Other, Gas
Cooling
- None
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,400 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached
Features
- Patio & porch: Porch Covered
- Exterior features: Brick
Lot
- Size: 7,405 sqft
- Topography: Level
Details
- Parcel number: 270706102093000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story, Contemporary
- Property subtype: Other
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1895
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Marion
Other
Other facts
- Sewer: Public Sewer
- Flooring: Carpet, Laminate, Vinyl
- Topography: Level
- InteriorFeatures: Ceiling Fan(s), Laminate Counters
- Roof: Asphalt
- ArchitecturalStyle: Two Story, Contemporary
- HeatingYN: true
- Heating: Natural Gas
- TenantPays: Cable TV
- LeaseTerm: 12 Months
- OwnerPays: Sewer, Trash Collection, Water, Taxes, Electricity, Heating
- ConstructionMaterials: Brick
- NumberOfUnitsTotal: 5
- CurrentFinancing: Conventional, Cash
- FoundationDetails: Block
- MainLevelBathrooms: 5
- NumberOfUnitsLeased: 5
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- PropertySubType: Other
- OpenParkingYN: true
- ParkingFeatures: Off Street, On Street, Gravel
- Appliances: Gas Water Heater
- BelowGradeFinishedArea: 0
- GrossIncome: 16000
- Gas: Gas
- NumberOfSeparateElectricMeters: 1
- NumberOfSeparateGasMeters: 1
- CommunityFeatures: City/Town/Suburb
- WaterSource: City
- PatioAndPorchFeatures: Porch Covered
- NumberOfSeparateWaterMeters: 1
- ElectricExpense: 6000
- InsuranceExpense: 6000
- FuelExpense: 8000
- MaintenanceExpense: 35000
Services availability
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