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952 Walnut Street

Nappanee, IN 46550
  • $825,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 202224115
UPDATED: 44 min ago
$825,000
  • 19
    BEDS
  • 0.65
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
  • 12,022
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Nappanee investment opportunity! 13 unit apartment complex with great income. 12 units were renovated since 2014. New 13th unit will provide additional income. New roof in 2020.

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© 2022 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: 2022-06-26T18:28:02.653.

www.housesinfortwayne.com/homes/129942634
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952 Walnut Street Nappanee, IN 46550

  • Price: $825,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 44 min ago
  • MLS #: 202224115
19
Beds
13
Baths
0
½ Baths
0.65
Acres
12,022
SQFT
$69
$/SQFT
1957
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Elementary School:
Nappanee
Middle School:
Northwood
High School:
Northwood
School District:
Wa-Nee Community Schools
Property Description
Nappanee investment opportunity! 13 unit apartment complex with great income. 12 units were renovated since 2014. New 13th unit will provide additional income. New roof in 2020.
Exterior Features

Exterior BrickWood Fence None Location City/Town/Suburb Lot Description Corner Lot Dimensions .65 Acre Outbuilding None Parking LotOff Street Parking Spaces 10 Pool YN No Roof Material Rubber Style One Story Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 19 Above Grade Finished Sqft 12022 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingWater 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 Multiple Cooling Units Dishwashers 0 Disposals 0 Dryers 0 Flooring Part CarpetVinyl Heating Fuel ElectricityMultiple Heating Systems Microwaves 0 Ranges Ovens 13 Refrigerators 13 Rooms Below Grade 0 Total Baths 13 Total Below Grade Sqft 0 Total Sq Ft 12022 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 25668 Annual Fuel Expense 1992 Annual Gross Rent 121373 Annual Insurance Expense 2000 Annual Maint Expense 0 Annual Misc 1020 Annual Net Income 71369.12 Annual Property Tax 9651.88 Annual Trash Expense 1080 Annual Water Sewer Exp 8592 Assoc Dues Frequency Not Applicable Common Amenities None Documents Available Income/ExpensesRent Roll Efficiencies 0 Electric Company Nipsco Electric Meters 1 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Nipsco Gas Meters 1 Gross Monthly Income 10114 Gross Monthly Rent 10114 Lease Term Renewal Options New Construction No One Bedrooms 7 Owner Pays Building InsuranceElectricFuelHeatingLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Building Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Tenant Pays None Three Bedrooms 0 Township Locke Two Bedrooms 6 Units Rented 12 Water Meters 1 Water Utility City Year Taxes Payable 2021/Pay 2022

Listing provided by Steve Miller of Re/Max Results-Goshen: 574-533-9581.
© 2022 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.


© 2022 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: 2022-06-26T18:28:02.653.

 
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Fort Wayne IN, 46845