Skip To Content

1103 W Spencer Avenue

Marion, IN 46952
  • $59,900
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 202200263
UPDATED: 57 min ago
$59,900
  • 4
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,619
    SQFT
Neighborhood:
R J Spencer
Type:
Multi-Family
Built:
1900
County:
Grant
Area:
Grant

School Information

Elementary School:
Riverview/Justice
Middle School:
Mcculloch/Justice
High School:
Marion
School District:
Marion Community Schools
School Ratings & Info

Description

Calling All Investors! Income Producing Triplex on Spencer Avenue in Marion. 2 Main Floor Units & 1 Upper Floor Unit. Main Floor Unit 1 is 2 Bedrooms with washer/dryer hookup & faces F Street. Main Floor Unit 2 is 1 Bedroom & faces Spencer Avenue. Upper Level Unit is 1 Bedroom as is accessed by stairway facing Spencer Avenue. Each Unit has generated $550/monthly (Section 8 presently assists with rents in 2 of the 3 Units). Owner Pays Gas & Water/Sewer/Trash metered as one. Tenants Pay Electricity with 3 separate meters. Selling As-Is.

Monthly Payment Calculator



© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS. Data last updated: 2022-01-22T17:27:51.193.

www.indianahomehub.com/homes/124429159
Print Image

1103 W Spencer Avenue Marion, IN 46952

  • Price: $59,900
  • Status: Active
  • On Site: 17 Days
  • Updated: 57 min ago
  • MLS #: 202200263
4
Beds
3
Baths
0
½ Baths
0.14
Acres
2,619
SQFT
$23
$/SQFT
1900
Built
Neighborhood:
R J Spencer
County:
Grant
Area:
Grant
Elementary School:
Riverview/Justice
Middle School:
Mcculloch/Justice
High School:
Marion
School District:
Marion Community Schools
Property Description
Calling All Investors! Income Producing Triplex on Spencer Avenue in Marion. 2 Main Floor Units & 1 Upper Floor Unit. Main Floor Unit 1 is 2 Bedrooms with washer/dryer hookup & faces F Street. Main Floor Unit 2 is 1 Bedroom & faces Spencer Avenue. Upper Level Unit is 1 Bedroom as is accessed by stairway facing Spencer Avenue. Each Unit has generated $550/monthly (Section 8 presently assists with rents in 2 of the 3 Units). Owner Pays Gas & Water/Sewer/Trash metered as one. Tenants Pay Electricity with 3 separate meters. Selling As-Is.
Exterior Features

Architectural Style Traditional Driveway None Exterior Shingle Fence None Location City/Town/Suburb Lot Description CornerLevel Lot Dimensions 70X87 Outbuilding None Parking Street Parking Spaces 0 Pool YN No Road Access City Road Surface Asphalt Roof Material AsphaltShingle Sea Wall Type None Style Two Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2619 Above Grade Unfin Sq Ft 0 Amenities BalconyCable AvailableCountertops-LaminatePorch CoveredWater Heater ElectricWasher Hook-UpOther-See Remarks Basement Foundation CrawlPartial BasementUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 450 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetVinyl Heating Fuel GasForced Air Main Level Sq Ft 1719 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 450 Total Sq Ft 3069 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 900 Upper Level Sq Ft 900 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 19800 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 17530 Annual Property Tax 1070 Annual Trash Expense 0 Annual Water Sewer Exp 1200 Assoc Dues Frequency Not Applicable Assoc Restrictions YN No Buildings 1 Cable Company Spectrum Common Amenities None Documents Available Lbp FormSellers Disclosure Efficiencies 0 Electric Company Aep/I&Amp;M Electric Meters 3 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Centerpoint Energy Gas Meters 1 Government Subsidized YN Yes Gross Monthly Income 1650 Gross Monthly Rent 1650 Inside City Limits Yes Lease Term Month To Month New Construction No One Bedrooms 2 Owner Pays Building InsuranceFuelLawn MaintenanceMaintenanceSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Restrictions YN No Sale Includes BuildingLand Sewer City Tenant Pays CableElectric Three Bedrooms 0 Township Center Two Bedrooms 1 Unit1 Unit Rent 550 Unit3 Unit Rent 550 Units Rented 2 Water Company Marion Utilities Water Meters 1 Water Utility City Year Taxes Payable 2021

Listing provided by Joe Schroder of Re/Max Realty One: 765-454-7300.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS. Data last updated: 2022-01-22T17:27:51.193.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202200263-2.jpg
Logo
Anthony REALTORS
239 W Baker Street
Fort Wayne IN, 46802