Great Investment Opportunity! 13 duplexes. 2BD/1BA with washer/dryer hookups. 3 duplex type building consisting of 6 ranch type duplex units & 7 townhouse type duplex units. All are duplex structures with the townhouse units having the bedrooms on the upper level. Financials available upon request. A rural setting but minutes to the local high school and the down town area. Financials available upon request.
Off market
Zestimate®
$1,619,700
624-645 Riley Blvd, Bedford, IN 47421
52beds
18,896sqft
Apartment Complex
Built in 1990
-- sqft lot
$1,619,700 Zestimate®
$86/sqft
$856 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 52
- Bathrooms: 26
- Full bathrooms: 26
Heating
- Baseboard
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate
- Basement: Crawl Space, Block
Interior area
- Total interior livable area: 18,896 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 52
Features
- Exterior features: Vinyl, Brick
- Waterfront features: No Water Features
Lot
- Size: 3.25 Acres
- Features: Rural, Irregular Lot, Rural Subdivision
Details
- Parcel number: 470612300059.000010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment Complex
Condition
- Year built: 1990
Utilities & green energy
- Electric: Duke Energy Indiana
- Sewer: City
- Water: City, Bedford City Utilities
- Utilities for property: Cable Available, Cable Connected
Community & neighborhood
Location
- Region: Bedford
HOA & financial
Other financial information
- Total actual rent: 194768
Other
Other facts
- Flooring: Carpet, Laminate
- Heating: Baseboard
- Appliances: Range/Oven, Refrigerator, Electric Water Heater
- InteriorFeatures: Ceiling Fan(s)
- Roof: Shingle
- HeatingYN: true
- Utilities: Cable Available, Cable Connected
- CoolingYN: true
- TenantPays: Cable TV, Electricity, Water, Cooling
- LeaseTerm: 12 Months
- ConstructionMaterials: Vinyl Siding, Brick
- CurrentFinancing: Other
- NumberOfUnitsTotal: 26
- OwnerPays: Grounds Care, Insurance, Taxes, Snow Removal
- PetsAllowed: Yes
- Basement: Crawl Space, Block
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- WaterSewerExpense: 0
- LotFeatures: Rural, Irregular Lot, Rural Subdivision
- OpenParkingYN: true
- ParkingFeatures: Off Street, Off Site, Concrete
- Cooling: Wall Unit(s)
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- NumberOfUnitsLeased: 21
- WaterSource: City, Bedford City Utilities
- PropertySubType: Apartment Complex
- LaundryFeatures: Washer/Dryer Hookups
- Sewer: City
- MlsStatus: Active
- WaterfrontFeatures: No Water Features
- Electric: Duke Energy Indiana
- ListPriceLow: 1395000
- GrossIncome: 16231
- InsuranceExpense: 4952
- MaintenanceExpense: 19780
- NetOperatingIncome: 144793
- OtherExpense: 13473
- TaxAnnualAmount: 11770
- TotalActualRent: 194768