Great investment opportunity in this residential 5 unit property. Very well cared for with a newer roof and water heater. Partial basement with garage storage. Ample parking space in rear. Close proximity to the University.
Off market
Zestimate®
$188,900
714 N Wayne St, North Manchester, IN 46962
6beds
3,040sqft
MultiFamily
Built in 1948
-- sqft lot
$188,900 Zestimate®
$62/sqft
$1,331 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 3,040 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Fencing: Split Rail, Decorative
Lot
- Size: 0.25 Acres
- Features: Sloped, City/Town/Suburb
Details
- Additional structures: Shed(s)
- Parcel number: 850332402018000002
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1948
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: NIPSCO
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: North Manchester
HOA & financial
Other financial information
- Total actual rent: 13800
Other
Other facts
- Flooring: Carpet, Vinyl
- Appliances: Range/Oven, Refrigerator, Gas Water Heater
- Roof: Asphalt, Shingle
- Basement: Unfinished, Walk-Out Access, Block
- HeatingYN: true
- Heating: Natural Gas, Hot Water
- RoomsTotal: 11
- OwnerPays: Sewer, Trash Collection, Insurance, Water, Heating, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas, Unit 5 Gas
- ConstructionMaterials: Aluminum Siding
- NumberOfUnitsTotal: 5
- LeaseTerm: Month To Month, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 5 Rent Frequency(Monthly)
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- NumberOfUnitsLeased: 4
- MaintenanceExpense: 0
- TenantPays: Electricity, Unit 1 Electric, Unit 2 Electric, Unit 3 Electric, Unit 5 Electric
- LotFeatures: Sloped, City/Town/Suburb
- ParkingFeatures: Gravel, Off Site
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- GrossIncome: 1150
- Fencing: Split Rail, Decorative
- OtherStructures: Shed(s)
- FoundationDetails: Basement
- WaterSewerExpense: 1920
- InsuranceExpense: 1000
- TotalActualRent: 13800
- NumberOfSeparateGasMeters: 1
- NumberOfSeparateElectricMeters: 6
- WaterSource: City
- NumberOfSeparateWaterMeters: 1
- OtherExpense: 0
- PetsAllowed: Pet Restrictions
- FuelExpense: 1440
- Sewer: City
- MlsStatus: Active
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
- Gas: NIPSCO
- Electric: Duke Energy Indiana
- NetOperatingIncome: 7484