www.housesinfortwayne.com/homes/142475531
201
Michigan Street Street
Walkerton,
IN
46574
Elementary School:
Walkerton
School District:
John Glenn School Corp.
Great addition to your investment portfolio! Two Buildings for a total of 5 Units. Value add opportunity with increasing rents and some TLC. Stable, long term tenants in place. Two Units are on Section 8, one year leases, Two Units are Market Tenants on M2M leases. One Unit is Vacant for your choosing. Tenants pay utilities. Owners pay taxes and insurance. Sold As-Is, Seller will not make any repairs. Cash, HM, DSCR, Conventional Pre-Approved Buyers Only. 24 Hours Notice Required.
Exterior
BrickVinylWood
Location
City/Town/Suburb
Lot Description
Corner
Lot Dimensions
85 X 113
Outbuilding
None
Parking
PavedPrivateStreet
Parking Spaces
5
Pool YN
No
Road Access
City
Road Surface
Paved
Roof Material
RubberShingle
Style
One Story
Waterfront YN
No
Above Grade Bedrooms
6
Above Grade Finished Sqft
3066
Above Grade Unfin Sq Ft
0
Amenities
Off Street ParkingCable AvailableCountertops-LaminateDetector-SmokeWater Heater Gas
Basement Foundation
None
Basement YN
No
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
0
Cooling
Wall AC
Dishwashers
0
Disposals
0
Dryers
0
Flooring
CarpetLaminate
Heating Fuel
Forced Air
Microwaves
0
Ranges Ovens
5
Refrigerators
5
Rooms Below Grade
0
Total Baths
5
Total Below Grade Sqft
0
Total Sq Ft
3066
Unit1 Basement YN
No
Unit1 Bathrooms
1
Unit1 Bedrooms
1
Unit2 Basement YN
No
Unit2 Bathrooms
1
Unit2 Bedrooms
2
Unit3 Basement YN
No
Unit3 Bathrooms
1
Unit3 Bedrooms
1
Unit4 Basement YN
No
Unit4 Bedrooms
1
Unit5 Basement YN
No
Unit5 Bedrooms
1
Wash Dry Hookups
5
Washers
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Rent
28680
Annual Insurance Expense
3900
Annual Maint Expense
3618.25
Annual Misc
0
Annual Net Income
19035.25
Annual Property Tax
2126.5
Annual Trash Expense
0
Annual Water Sewer Exp
0
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
2
Cross Street
Roosevelt Rd.
Documents Available
LBP Form
Efficiencies
0
Electric Company
Town of Walkerton
For Sale Or Rent
For Sale
Four Bedrooms
0
Gross Monthly Income
2390
Gross Monthly Rent
2390
Lease Term
1 Year
New Construction
No
One Bedrooms
4
Owner Pays
Building InsuranceMaintenanceTax
Owner Real Estate License YN
No
Pet Restrictions YN
No
Planned Unit Dev YN
No
Property Sub Type
Fiveplex
Proposed Financing
CashConventionalPurchase Money Mortgage
Reo YN
No
Sale Includes
BuildingLand
Sewer
City
Tenant Pays
CableCoolingElectricFuelHeatingSewerTrash CollectionWater
Three Bedrooms
0
Township
Lincoln
Two Bedrooms
1
Unit1 Unit Rent
625
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage Y / N
No
Unit2- Currently Rntd Y / N
No
Unit2- Garage Y / N
No
Unit3- Currently Rntd Y / N
No
Unit3- Garage Y / N
No
Unit4 Unit Rent
520
Unit4- Currently Rntd Y / N
Yes
Unit4- Garage Y / N
No
Unit5- Currently Rntd Y / N
No
Unit5- Garage Y / N
No
Units Rented
2
Water Company
Town of Walkerton
Water Utility
City
Year Taxes Payable
2023
Listing provided by Natashia Bontrager of McKinnies Realty, LLC: McKinniesRealty@gmail.com.
© 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: 2024-10-03T00:27:48.747.
