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1327 Middlebury

Elkhart, IN 46516
  • $144,900
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 202201034
UPDATED: 37 min ago
$144,900
  • 4
    BEDS
  • 0.55
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,392
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Fantastic opportunity in this 2 unit Elkhart property. Both upper and lower are spacious 2 bedroom homes. Lots of updates throughout. Separate electric meters for each unit. Landlord pays water. No gas. Tenants are month to month at $700 per month. There seems to be ample opportunity for value add through increased rents. --refurbished kitchen cabinets --blown in insulation in exterior walls --electrical updated with new service head/meter --new flooring in both units --new drywall and windows in upper --New paint in both units --Newer appliances --Newer water heaters Does need some minor final trim work completed around doorways and windows etc... Large lot offering plenty of off street parking

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© 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: 2022-01-22T18:27:50.763.

www.indianahomehub.com/homes/124662542
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1327 Middlebury Elkhart, IN 46516

  • Price: $144,900
  • Status: Active
  • On Site: 9 Days
  • Updated: 37 min ago
  • MLS #: 202201034
4
Beds
2
Baths
0
½ Baths
0.55
Acres
1,392
SQFT
$104
$/SQFT
1910
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Elementary School:
Mary Beck
Middle School:
Pierre Moran
High School:
Elkhart
School District:
Elkhart Community Schools
Property Description
Fantastic opportunity in this 2 unit Elkhart property. Both upper and lower are spacious 2 bedroom homes. Lots of updates throughout. Separate electric meters for each unit. Landlord pays water. No gas. Tenants are month to month at $700 per month. There seems to be ample opportunity for value add through increased rents. --refurbished kitchen cabinets --blown in insulation in exterior walls --electrical updated with new service head/meter --new flooring in both units --new drywall and windows in upper --New paint in both units --Newer appliances --Newer water heaters Does need some minor final trim work completed around doorways and windows etc... Large lot offering plenty of off street parking
Exterior Features

Exterior Aluminum Lot Description Level Lot Dimensions 75X300 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1392 Above Grade Unfin Sq Ft 0 Amenities Basement Basement Foundation Full Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 696 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel ElectricityBaseboard Main Level Sq Ft 696 Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 696 Total Sq Ft 2088 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 696 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 696 Upper Level Sq Ft 696 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 16800 Annual Insurance Expense 1000 Annual Maint Expense 600 Annual Misc 0 Annual Net Income 13918 Annual Property Tax 622 Annual Trash Expense 0 Annual Water Sewer Exp 660 Assoc Dues Frequency Not Applicable Efficiencies 0 Electric Meters 2 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 0 Gross Monthly Income 1400 Gross Monthly Rent 1400 Lease Term Month To Month New Construction No One Bedrooms 0 Owner Pays SewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Reo YN No Sale Includes Building Sewer Public Tenant Pays Electric Three Bedrooms 0 Township Concord Two Bedrooms 2 Unit1 Unit Rent 700 Unit2 Unit Rent 700 Units Rented 2 Water Meters 1 Water Utility Public Year Taxes Payable 2022

Listing provided by David Leffel of Howard Hanna Sb Real Estate: 574-207-7777.
© 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: 2022-01-22T18:27:50.763.

 
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Anthony REALTORS
239 W Baker Street
Fort Wayne IN, 46802