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109 S State Street

Kendallville, IN 46755
  • $250,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: 202336179
UPDATED: 24 min ago
$250,000
  • 5
    BEDS
  • 0.35
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 2,699
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Alyssa Schendel of North Eastern Group Realty: Cell: 260-515-6059.

Description

Welcome to this fantastic investment opportunity! This well-maintained 7-plex offers three studio/1 bath units, three 1 bedroom/1 bath units, and one 2 bed/1 bath unit, providing a steady stream of rental income. Situated in a desirable neighborhood, this property boasts convenience and potential for anyone interested.

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© 2024 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-02-23T12:28:47.737.

www.housesinfortwayne.com/homes/144023588
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109 S State Street Kendallville, IN 46755

  • Price: $250,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 24 min ago
  • MLS #: 202336179
5
Beds
7
Baths
0
½ Baths
0.35
Acres
2,699
SQFT
$93
$/SQFT
1949
Built
Neighborhood:
None
County:
Noble
Area:
Noble
Elementary School:
North Side
Middle School:
East Noble
High School:
East Noble
School District:
East Noble Schools
Property Description
Welcome to this fantastic investment opportunity! This well-maintained 7-plex offers three studio/1 bath units, three 1 bedroom/1 bath units, and one 2 bed/1 bath unit, providing a steady stream of rental income. Situated in a desirable neighborhood, this property boasts convenience and potential for anyone interested.
Exterior Features

Exterior Wood Lot Description Level Lot Dimensions 135X112.7 Outbuilding None Parking Spaces 7 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 2699 Above Grade Unfin Sq Ft 0 Amenities BasementCountertops-LaminateWater Heater Electric Basement Foundation Partially FinishedUnfinished Basement Material BlockBrick Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1348 Cooling Wall AC Dishwashers 0 Disposals 7 Dryers 0 Flooring CarpetLaminateVinyl Heating Fuel Baseboard Microwaves 7 Ranges Ovens 7 Refrigerators 7 Rooms Below Grade 0 Total Baths 7 Total Below Grade Sqft 1348 Total Sq Ft 4047 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bathrooms 1 Unit2 Bedrooms 0 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Bedrooms 0 Unit5 Bedrooms 2 Unit6 Bathrooms 1 Unit6 Bedrooms 1 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 37800 Annual Insurance Expense 1000 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 31014 Annual Property Tax 3386 Annual Trash Expense 0 Annual Water Sewer Exp 2400 Assessed Value 155600 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 3 Electric Meters 7 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 3150 Gross Monthly Rent 3150 Lease Term 1 Year New Construction No One Bedrooms 3 Owner Pays None Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Sevenplex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays Electric Three Bedrooms 0 Township Wayne Two Bedrooms 1 Unit1 Unit Rent 525 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 350 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 400 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 450 Unit4- Currently Rntd Y / N Yes Unit5 Unit Rent 650 Unit5- Currently Rntd Y / N Yes Unit6 Unit Rent 375 Unit6- Currently Rntd Y / N Yes Units Rented 7 Water Meters 1 Water Utility City Year Taxes Payable 2023

Listing provided by Alyssa Schendel of North Eastern Group Realty: Cell: 260-515-6059.

© 2024 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 Barnes Real Estate Services | North Eastern Group Realty.


© 2024 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-02-23T12:28:47.737.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Alyssa Schendel of North Eastern Group Realty: Cell: 260-515-6059.