Skip To Content

2875 N West Shafer Drive

Monticello, IN 47960
  • $599,900
  • STATUS: Pending
  • ON SITE: 440 Days
  • MLS #: 202314182
Pending
$599,900
  • 17
    BEDS
  • 1.81
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
  • 5,590
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Michael Sims of Redlow Group: .

Description

This investment property is a fantastic opportunity for those looking to generate income through real estate. The main house has two stories that features a rental on each floor with 2 bedrooms, a full kitchen, providing comfortable and convenient living spaces for. There are 6 units each with one bedroom and a full kitchen, providing comfortable and convenient living spaces in each. In addition, there are five studio-style rooms with full bathrooms, perfect for short-term rentals or guests looking for a cozy place to stay. The property is located in a desirable area, making it an attractive option for renters and travelers alike. With six one bedroom units and five studio style rooms, there is ample opportunity to generate consistent income throughout the years. The property has been well-maintained and is move-in ready, with all necessary amenities and appliances included. The main house and studio-style rooms are tastefully decorated and furnished, providing a welcoming and comfortable atmosphere for tenants and guests. Overall, this investment property is has its prime location, multiple rental units, and well-maintained condition, it is sure to be a profitable investment for years to come.

Monthly Payment Calculator



© 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: 2024-07-18T00:28:00.41.

www.housesinfortwayne.com/homes/139220923
Print Image

2875 N West Shafer Drive Monticello, IN 47960

  • Price: $599,900
  • Status: Pending
  • On Site: 440 Days
  • MLS #: 202314182
17
Beds
13
Baths
0
½ Baths
1.81
Acres
5,590
SQFT
$0
$/SQFT
1955
Built
Neighborhood:
None
County:
White
Area:
White
Elementary School:
Meadowlawn
Middle School:
Roosevelt
High School:
Twin Lakes
School District:
Twin Lakes School Corp.
Property Description
This investment property is a fantastic opportunity for those looking to generate income through real estate. The main house has two stories that features a rental on each floor with 2 bedrooms, a full kitchen, providing comfortable and convenient living spaces for. There are 6 units each with one bedroom and a full kitchen, providing comfortable and convenient living spaces in each. In addition, there are five studio-style rooms with full bathrooms, perfect for short-term rentals or guests looking for a cozy place to stay. The property is located in a desirable area, making it an attractive option for renters and travelers alike. With six one bedroom units and five studio style rooms, there is ample opportunity to generate consistent income throughout the years. The property has been well-maintained and is move-in ready, with all necessary amenities and appliances included. The main house and studio-style rooms are tastefully decorated and furnished, providing a welcoming and comfortable atmosphere for tenants and guests. Overall, this investment property is has its prime location, multiple rental units, and well-maintained condition, it is sure to be a profitable investment for years to come.
Exterior Features

Exterior BlockVinyl Lot Description LevelWater View Lot Dimensions irr Outbuilding None Parking Spaces 13 Pool YN No Style Attached Waterfront YN No

Interior Features

Above Grade Bedrooms 17 Above Grade Finished Sqft 5590 Above Grade Unfin Sq Ft 0 Amenities Cable AvailableFirepit Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring Vinyl Tile Heating Fuel Forced Air Microwaves 13 Ranges Ovens 8 Refrigerators 13 Rooms Below Grade 0 Total Baths 13 Total Below Grade Sqft 0 Total Sq Ft 5590 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 158000 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 155689.6 Annual Property Tax 2310.4 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 5 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 13167 Gross Monthly Rent 13000 Lease Term Month to Month New Construction No One Bedrooms 6 Owner Pays Building InsuranceCableCoolingElectricFuelHeatingLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWaterWater Softener Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Complex Reo YN No Sale Includes BuildingLand Sewer Regional Tenant Pays None Three Bedrooms 0 Township Union Two Bedrooms 2 Units Rented 13 Water Utility PrivateWell Year Taxes Payable 2022

Listing provided by Michael Sims of Redlow Group: .

© 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: 2024-07-18T00:28:00.41.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202314182-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202314182-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202314182-2.jpg
Logo
Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Michael Sims of Redlow Group: .