Sold for $275,000 Listing Price: $279,500
This property is not currently for sale or for rent.
This immaculate 5-plex, located just steps from the Trine University campus, could be just the opportunity you're looking for. All units are currently rented, so monthly income stream is immediate upon purchase of the property. Each unit has a separate layout, and monthly rental income ranges between 600-$700 per unit. Landlord pays gas (between $50-$55/month in summer, between $175-$240/month in the winter). Tenants pay electric, which is metered and added to rental invoice. Property maintenance for the previous year (lawn care, cleaning, painting, carpet repair, drywall repair, plumbing, fire extinguisher inspections, etc.) was just under $3500 for the previous year. Leases for all units are available, as well as more detailed information about improvements to each unit.
| MLS # | 202100570 |
|---|---|
| Status | Sold |
| Property Type | Investment |
| Property SubType | Fiveplex |
| New Construction | No |
| Style | Multi-Story (3+) |
| Type | Fiveplex |
| Year Taxes Payable | 20/21 |
| Year Built | 1930 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 16 |
| Construction | Fiveplex |
|---|---|
| Lot Size | 8,364 sq ft |
| Out Buildings | Shed |
| Area | Steuben County |
|---|---|
| County | Steuben |
| Subdivision | None |
| Township | Pleasant |
| City | Angola |
| State | IN |
| Zip | 46703 |
| School District | MSD of Steuben County |
|---|---|
| Elementary | Hendry Park |
| Middle School | Angola |
| High School | Angola |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202100570. 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 G Craig Ralston
RE/MAX Results - Angola office
Listing information last updated
Tuesday, March 2nd, 2021 at 2:45 AM EST.