Average square foot calculated using Size range provided by listing agent.
Description
This exceptional multi-unit property offers an ideal investment in Elkhart County. The property consists of 11 units, combining for a total of 17 bedrooms and 11 bathrooms. The property is fully leased, providing stable cashflow with current rental income of $8, 650 per month with room to improve! This property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential! Several units were renovated in 2024 in addition to the boiler, water softener & well pump being updated since 2020. All electric is sub-metered per unit with a natural gas boiler for radiant heat throughout.Show Description
MLS® Number202526099
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorBrick
GarageNo
Approx. Age1970
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatGas, Hot Water
A/CWall AC
Heating Fuel
Extras
Building
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