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    320 S Superior St. Street

    Angola, IN 46703
    • $279,500
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 202100570
    UPDATED: 36 min ago
    $279,500
    • 8
      BEDS
    • 0.19
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,168
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

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

    Description

    This immaculate 5-plex, located just steps from the Trine University campus, could be just the opportunity you're looking for. All units are currently rented, so monthly income stream is immediate upon purchase of the property. Each unit has a separate layout, and monthly rental income ranges between 600-$700 per unit. Landlord pays gas (between $50-$55/month in summer, between $175-$240/month in the winter). Tenants pay electric, which is metered and added to rental invoice. Property maintenance for the previous year (lawn care, cleaning, painting, carpet repair, drywall repair, plumbing, fire extinguisher inspections, etc.) was just under $3500 for the previous year. Leases for all units are available, as well as more detailed information about improvements to each unit. call today for you private showing.

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    © 2021 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: 2021-01-25T20:27:51.843.

    www.indianahomehub.com/homes/113077572
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    320 S Superior St. Street Angola, IN 46703

    • Price: $279,500
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 202100570
    8
    Beds
    5
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,168
    SQFT
    $88
    $/SQFT
    1930
    Built
    Neighborhood:
    None
    County:
    Steuben
    Area:
    Steuben
    Elementary School:
    Hendry Park
    Middle School:
    Angola
    High School:
    Angola
    School District:
    Msd Of Steuben County
    Property Description
    This immaculate 5-plex, located just steps from the Trine University campus, could be just the opportunity you're looking for. All units are currently rented, so monthly income stream is immediate upon purchase of the property. Each unit has a separate layout, and monthly rental income ranges between 600-$700 per unit. Landlord pays gas (between $50-$55/month in summer, between $175-$240/month in the winter). Tenants pay electric, which is metered and added to rental invoice. Property maintenance for the previous year (lawn care, cleaning, painting, carpet repair, drywall repair, plumbing, fire extinguisher inspections, etc.) was just under $3500 for the previous year. Leases for all units are available, as well as more detailed information about improvements to each unit. call today for you private showing.
    Exterior Features

    Driveway None Exterior Wood Fence Chain LinkWood Location City/Town/SuburbNear College Campus Lot Description CornerLevel Lot Dimensions 66 X 132 Outbuilding Shed Outbuilding Sq Ft 144 Parking Street Parking Spaces 0 Pool YN No Roof Material Shingle Style Multi-Story (3+) Waterfront YN No

    Interior Features

    Above Grade Bedrooms 6 Above Grade Finished Sqft 2368 Above Grade Unfin Sq Ft 0 Amenities BasementFenced YardCable ReadyCountertops-Laminate Basement Foundation Michigan BasementOutside EntranceOutside Entrance OnlyPartial BasementPartially Finished Basement Material Stone Basement YN Yes Below Grade Baths 1 Below Grade Bedrooms 2 Below Grade Finished Sqft 800 Below Grade Unfin Sq Ft 256 Cooling Window Dishwashers 1 Disposals 0 Dryers 1 Flooring CarpetLaminate Heating Fuel Forced Air Microwaves 5 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 5 Total Baths 5 Total Below Grade Sqft 1056 Total Sq Ft 3424 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Basement YN No Unit2 Bedrooms 1 Unit3 Bedrooms 1 Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit5 Bathrooms 1 Unit5 Bedrooms 2 Wash Dry Hookups 0 Washers 1

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 45800 Annual Insurance Expense 0 Annual Maint Expense 3500 Annual Misc 2000 Annual Net Income 35462.9 Annual Property Tax 4837.1 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Cable Company Other Common Amenities Laundry Facilities Documents Available Lbp FormLeaseTax ReturnUtility Bill Information Efficiencies 5 Electric Company Nipsco Electric Meters 5 Existing Financing Clear For Sale Or Rent For Sale Four Bedrooms 2 Gas Company Nipsco Gas Meters 1 Gross Monthly Income 3817 Gross Monthly Rent 3400 Lease Term 1 Year New Construction No One Bedrooms 2 Owner Pays FuelLawn MaintenanceMaintenanceSnow RemovalTaxWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fiveplex Proposed Financing CashConventional Reo YN No Sale Includes Lease Sewer City Tenant Pays Deposit ValueElectricOther Three Bedrooms 1 Township Pleasant Two Bedrooms 1 Unit1 Unit Rent 700 Unit2 Unit Rent 600 Unit3 Unit Rent 700 Unit4 Unit Rent 700 Unit5 Unit Rent 700 Units Rented 5 Water Utility City Year Taxes Payable 20/21

    Listing courtesy of G Craig Ralston of Re/Max Results - Angola Office.
    © 2021 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.


    © 2021 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: 2021-01-25T20:27:51.843.

     
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    Fort Wayne IN, 46802