Don’t miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $600,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!
Pending
Price cut: $20K (2/7)
$120,000
420 Middlebury St, Elkhart, IN 46516
3beds
1,785sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 217 days
- on Zillow |
- 31 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2025 at 06:17am
Listed by:
Stephen DiJulius 574-250-0893,
St. Joseph Realty Group
Source: IRMLS,MLS#: 202436623

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Mixed
- Basement: Full
Interior area
- Total structure area: 2,528
- Total interior livable area: 1,785 sqft
- Finished area above ground: 1,785
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 4,356 Square Feet
- Dimensions: 33X126
- Features: Level, 0-2.9999
Details
- Additional structures: None
- Parcel number: 200604362011.000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $97,800
- Annual tax amount: $1,980
- Date on market: 9/21/2024
- Inclusions: Lease
- Lease term: Month To Month,12 Months,Renewal Option
- Total actual rent: 20880
- Tenant pays: Cooling, Electricity, Heating, Trash Collection, Water
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