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1610 Morehouse Avenue

Elkhart, IN 46516
  • $164,900
  • STATUS: Pending
  • ON SITE: 73 Days
  • MLS #: 202325793
Pending
$164,900
  • 3
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,856
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Gregory Hire of Hallmark Excellence Realty: cell: 574-238-7157.

Description

Great cash flow opportunity! Duplex with a 1 bedroom and a 2 bedroom unit. Annual gross rent is over $24,000.00! Both units are currently rented and under lease. Two separate electric meters and tenants pay their own electric bills.

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© 2023 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: 2023-10-04T00:28:08.007.

www.housesinfortwayne.com/homes/141745967
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1610 Morehouse Avenue Elkhart, IN 46516

  • Price: $164,900
  • Status: Pending
  • On Site: 73 Days
  • MLS #: 202325793
3
Beds
2
Baths
0
½ Baths
0.08
Acres
1,856
SQFT
$89
$/SQFT
1900
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
Great cash flow opportunity! Duplex with a 1 bedroom and a 2 bedroom unit. Annual gross rent is over $24,000.00! Both units are currently rented and under lease. Two separate electric meters and tenants pay their own electric bills.
Exterior Features

Architectural Style Traditional Exterior Vinyl Fence None Location City/Town/Suburb Lot Description Level Lot Dimensions 42X84 Outbuilding None Parking Off Street Parking Spaces 2 Pool YN No Roof Material Metal Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1856 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingPorch Covered Basement Foundation Partial BasementUnfinished Basement Material BlockStone Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1068 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Laminate Heating Fuel ElectricitySpace Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 1068 Total Sq Ft 2924 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 788 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 1086 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 24720 Annual Insurance Expense 1200 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 20553.59 Annual Property Tax 1766.41 Annual Trash Expense 0 Annual Water Sewer Exp 1200 Assessed Value 86400 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Company Aep/I&Amp;M Electric Meters 2 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 0 Gross Monthly Income 2060 Gross Monthly Rent 1990 Lease Term 1 Year New Construction No One Bedrooms 1 Owner Pays MaintenanceSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays ElectricHeating Three Bedrooms 0 Township Concord Two Bedrooms 1 Unit1 Unit Rent 210 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 1068 Unit2- Currently Rntd Y / N Yes Units Rented 2 Water Meters 1 Water Utility City Year Taxes Payable 2022

Listing provided by Gregory Hire of Hallmark Excellence Realty: cell: 574-238-7157.

© 2023 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.


© 2023 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: 2023-10-04T00:28:08.007.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Gregory Hire of Hallmark Excellence Realty: cell: 574-238-7157.