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Map

Directions

US 30 W. to SR 205, Left on SR 205 (Line St) to property on the left

Description

Fully occupied 6 plex in Columbia City close to downtown. All units are 1 bedroom units with 4 ground floor apartments and 2 upstairs apartments. There are about 6+ parking spots available on site on the large 75′ X150′ lot. All leases have just been signed for a 1 year term. There are some long term tenants and rents are considered to be very affordable with upside potential at the end of the 1 year term. 5 units rent for $525 per month, unit 210 at $500. There are 6 electric meters and 4 gas meters and 1 water meter. Tenants pay gas and electric. Landlord pays water, sewer and trash per owner-water, sewer and trash about $380 per month.

Details

  • Property Details

  • MLS #:
    202505826
  • Price
    $289,900
  • Bedrooms
    6
  • Baths Total
    6
  • Full Baths
    6
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.258
  • Approx. Lot Size SqFt
    11,250
  • Class
    Investment
  • DOM
    26
  • Lot Dimensions
    75x150
  • New Construction
    No
  • Parcel ID#
    92-06-11-500-412.003-004
  • Property Sub-Type
    Sixplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    3,754
  • Total SqFt
    5,046
  • Year Built
    1910
  • Zip
    46725

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: March 19 2025, 7:43 AM

Listing courtesy of: Gregory Fahl, Orizon Real Estate, Inc.

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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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