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8895 W State Road 56

French Lick, IN 47432
  • $219,000
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: 202115580
UPDATED: 18 min ago
$219,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,856
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

8895 W State Road 56, French Lick is an excellent Investment and Location! 4 units all currently leased with coin laundry. Quadplex includes 2-one bedroom units and 2-two bedroom units. Current monthly income is $2,320.00. Tot annual rents and coin laundry income is $22,800.00. Units updated with modern cabinets, painted walls and floor coverings. Fully rented with month to month rental agreements. This is priced at $219,000

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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: 2021-11-30T00:27:43.38.

www.indianahomehub.com/homes/116746406
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8895 W State Road 56 French Lick, IN 47432

  • Price: $219,000
  • Status: Active
  • On Site: 209 Days
  • Updated: 18 min ago
  • MLS #: 202115580
6
Beds
4
Baths
0
½ Baths
0.15
Acres
2,856
SQFT
$77
$/SQFT
1930
Built
Neighborhood:
None
County:
Orange
Area:
Orange
Elementary School:
Springs Valley
Middle School:
Springs Valley
High School:
Springs Valley
School District:
Springs Valley Community Schools
Property Description
8895 W State Road 56, French Lick is an excellent Investment and Location! 4 units all currently leased with coin laundry. Quadplex includes 2-one bedroom units and 2-two bedroom units. Current monthly income is $2,320.00. Tot annual rents and coin laundry income is $22,800.00. Units updated with modern cabinets, painted walls and floor coverings. Fully rented with month to month rental agreements. This is priced at $219,000
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 55X100 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 6 Above Grade Finished Sqft 2856 Above Grade Unfin Sq Ft 0 Amenities Porch Covered Basement Foundation Full Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetVinyl Heating Fuel Conventional Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 2856 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 27840 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 24725.78 Annual Property Tax 3114.22 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2320 Gross Monthly Rent 2320 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 2 Owner Pays SewerTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays ElectricFuel Three Bedrooms 0 Township French Lick Two Bedrooms 2 Units Rented 4 Water Utility City Year Taxes Payable 2021

Listing courtesy of Brooks Galloway of Brooks Galloway Real Estate.
© 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: 2021-11-30T00:27:43.38.

 
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Anthony REALTORS
239 W Baker Street
Fort Wayne IN, 46802