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23 S Center Street

Flora, IN 46929
  • $170,000
  • STATUS: Sold
  • ON SITE: 343 Days
  • MLS #: 202323156
Sold - 01/05/2024
$170,000
SOLD - 01/05/2024
  • 5
    BEDS
  • 0.11
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 6,610
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1895
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Calvin Dykhuizen of Keller Williams Lafayette: Agt: 765-426-3928.

Description

Welcome to this fantastic 8-unit commercial building in the heart of downtown Flora, Indiana! Boasting a mix of residential and commercial spaces, this property offers tremendous potential. Currently, 4 apartments are rented, generating steady income, while 2 apartments and 1 commercial space are vacant, providing an opportunity for expansion or customization. One of the commercial spaces is a thriving coffee shop, adding to the building's appeal. With a monthly gross income exceeding $3,100, this property promises an attractive return on investment. Don't miss the chance to own this versatile and lucrative commercial building in a prime location.

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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: 2024-06-13T15:29:05.613.

www.housesinfortwayne.com/homes/141193257
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23 S Center Street Flora, IN 46929

  • Price: $300,000
  • Status: Sold
  • On Site: 343 Days
  • Updated: 67 min ago
  • MLS #: 202323156
5
Beds
8
Baths
0
½ Baths
0.11
Acres
6,610
SQFT
$0
$/SQFT
1895
Built
Neighborhood:
None
County:
Carroll
Area:
Carroll
Elementary School:
Carroll
Middle School:
Carroll
High School:
Carroll
School District:
Carroll Cons. School Corp.
Property Description
Welcome to this fantastic 8-unit commercial building in the heart of downtown Flora, Indiana! Boasting a mix of residential and commercial spaces, this property offers tremendous potential. Currently, 4 apartments are rented, generating steady income, while 2 apartments and 1 commercial space are vacant, providing an opportunity for expansion or customization. One of the commercial spaces is a thriving coffee shop, adding to the building's appeal. With a monthly gross income exceeding $3,100, this property promises an attractive return on investment. Don't miss the chance to own this versatile and lucrative commercial building in a prime location.
Exterior Features

Driveway None Exterior Brick Location City/Town/Suburb Lot Description Level Lot Dimensions 45x108 Outbuilding None Parking LotStreet Parking Spaces 0 Pool YN No Roof Material Flat Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 6610 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling-9+ Basement Foundation Partial BasementUnfinished Basement Material Brick Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1500 Cooling Window Dishwashers 0 Disposals 0 Dryers 1 Flooring CarpetWood Heating Fuel Baseboard Microwaves 0 Ranges Ovens 6 Refrigerators 8 Rooms Below Grade 1 Total Baths 8 Total Below Grade Sqft 1500 Total Sq Ft 8110 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 600 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 600 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 600 Unit4 Basement YN No Unit4 Bedrooms 1 Unit4 Sq Ft 600 Unit5 Basement YN No Unit5 Bedrooms 1 Unit5 Sq Ft 600 Unit6 Basement YN No Unit6 Bathrooms 1 Unit6 Bedrooms 1 Unit6 Sq Ft 600 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 500 Annual Fuel Expense 500 Annual Gross Rent 42900 Annual Insurance Expense 1200 Annual Maint Expense 1000 Annual Misc 0 Annual Net Income 36235 Annual Property Tax 2465 Annual Trash Expense 0 Annual Water Sewer Exp 1000 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Documents Available LBP FormLease Efficiencies 1 Electric Meters 6 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 3 Gross Monthly Income 3575 Gross Monthly Rent 3575 Lease Term Month to Month New Construction No One Bedrooms 5 Owner Pays Water Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Eightplex Proposed Financing CashConventional Reo YN No Restrictions YN No Sale Includes Lease Sewer City Tenant Pays ElectricHeating Three Bedrooms 0 Township Monroe Two Bedrooms 0 Unit1 Unit Rent 500 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 600 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 500 Unit3- Currently Rntd Y / N No Unit3- Garage Y / N No Unit4 Unit Rent 450 Unit4- Currently Rntd Y / N Yes Unit4- Garage Y / N No Unit5 Unit Rent 500 Unit5- Currently Rntd Y / N Yes Unit5- Garage Y / N No Unit6 Unit Rent 600 Unit6- Currently Rntd Y / N No Unit6- Garage Y / N No Units Rented 5 Water Meters 3 Water Utility City Year Taxes Payable 2023

Listing provided by Calvin Dykhuizen of Keller Williams Lafayette: Agt: 765-426-3928.

© 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: 2024-06-13T15:29:05.613.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Calvin Dykhuizen of Keller Williams Lafayette: Agt: 765-426-3928.