$599,900
Secure your future with this well-maintained, partially occupied portfolio with significant room for growth and development possibilities on its sprawling 4.88 acres! Generate income from 8 apartments plus a separate 3-bed/2-bath modular home - all fully rented! Recent upgrades include new coin-operated laundry, water heaters, commercial water softener, well, exterior lighting, plus all new plumbing, electrical, 2 new furnaces & HVAC systems. Many units have been renovated including LVP flooring, updated cabinets, kitchen appliances, dishwashers (in select units), and fresh paint. The property also includes two detached garages for storage or additional parking options and added income. With easy access to nearby parks, walking trails at Camp Timber Lake, and the Two-EEs Winery, this property is prime for expanding the existing complex or utilizing the land for further income generation (subject to zoning approval). Don't miss this opportunity to own a well-established income property with significant upside potential in Huntington County.
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MLS # | 202426917 |
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Date Listed | 2024-07-19 |
Status | Active |
Property Type | Investment |
Property SubType | Apartment Complex |
Square Feet | 5540 sqft |
New Construction | No |
Style | One Story |
Type | Apartment Complex |
Bedrooms | 11 |
Bathrooms | 10 |
Annual Taxes | $7,000.00 |
Year Taxes Payable | 2024 |
Year Built | 1996 |
Virtual Tour | arthomephoto.aryeo.com » |
Days on Market | 78 |
Family Room | 685 × 650 | Level |
Kitchen | 680 × 630 | Level |
4th Bedroom | 3 × 3 | Level |
5th Bedroom | 9 × 9 | Level |
Recreation Room | 3 × 4 | Level |
Extra Room | 3 × 3 | Level |
Full Baths | 11 Main |
Construction | Apartment Complex |
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Lot Size | 212,573 sq ft |
Acreage | 4.88 Acres |
Lot Dimensions | 785 x 296 x 550 x 75 x 190 x 212 |
Out Buildings | 2nd Detached Garage |
Fence | None |
Area | Huntington County |
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County | Huntington |
Subdivision | Huntington |
Township | Jackson |
City | Huntington |
State | IN |
Zip | 46750 |
School District | Huntington County Community |
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Elementary | Roanoke |
Middle School | Crestview |
High School | Huntington North |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202426917
IDX information provided by the Indiana Regional MLS.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Jordan Wildman
eXp Realty, LLC
Home: 260-498-0384
Listing updated October 4, 2024 at 6:00 pm
Last checked 13 minutes ago