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Off market
  • $595,500

    4684 N State Route 25, Rochester, IN 46975

    21beds
    9,010sqft
    Other
    Built in 2011
    -- sqft lot
    $595,500 Zestimate®
    $66/sqft
    $1,263 Estimated rent

    Owner options

    List your home for rent

    $1,263/mo

    Rent Zestimate®

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    $1,263/mo

    Rent Zestimate®

    Refinance and save

    $3,366/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $3,366/mo

    Est. payment

    What's special

    Here's a great opportunity to take over a cash-flowing 11 unit mobile home park on 2.78 acres.  With two tenant owned homes, 9 parked own homes, a 91% physical occupancy rate, and average rents of over $415/month this could be a great addition to your portfolio or a nice sized park to get into the Mobile Home Park space.  The park has two wells, individual septic systems, and a garage for storage.  With a handful of longer term tenants and hassle free utilities this park can make for a great income producer from the start.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 9
    • Full bathrooms: 9
    Heating
    • Forced air, Gas
    Cooling
    • None, Central, Other
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Washer/Dryer Hookups
    Features
    • Other
    • Basement: Concrete
    Interior area
    • Total interior livable area: 9,010 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 22
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 2.78 Acres
    • Features: Rural, 0 to 2.9999 Acres
    Details
    • Parcel number: 250322200004.022066
    • Zoning: County Zoning(C1)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Condition
    • Year built: 2011

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Rochester

    HOA & financial

    Other financial information
    • Total actual rent: 30861

    Other

    Other facts
    • Sewer: Septic Tank
    • Heating: Forced Air, Natural Gas
    • WaterSource: Well
    • Appliances: Range/Oven, Refrigerator
    • HeatingYN: true
    • CoolingYN: true
    • StructureType: Detached
    • TenantPays: Cable TV, Electricity, Grounds Care, Heating, Fuel
    • LeaseTerm: 12 Months, Month To Month
    • ConstructionMaterials: Vinyl Siding
    • OwnerPays: Trash Collection, Water, Taxes, Snow Removal, Maintenance
    • NumberOfUnitsTotal: 9
    • Cooling: Window Unit(s), Central Air, Other
    • PetsAllowed: Yes
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • WaterSewerExpense: 0
    • LotFeatures: Rural, 0 to 2.9999 Acres
    • PropertySubType: Other
    • Basement: Concrete
    • ParkingFeatures: Off Street
    • InteriorFeatures: Other
    • BelowGradeFinishedArea: 0
    • NumberOfUnitsLeased: 9
    • Flooring: Mixed
    • InsuranceExpense: 1745
    • OtherExpense: 0
    • LaundryFeatures: Washer/Dryer Hookups
    • MlsStatus: Cont-AccptngBackupOffers
    • ElectricExpense: 3335
    • FuelExpense: 3335
    • GrossIncome: 2572
    • MaintenanceExpense: 4294.24
    • Zoning: County Zoning(C1)
    • NetOperatingIncome: 17154.26
    • TotalActualRent: 30860.5