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Map

Directions

On the Corner of Sturm and Lincoln Highway East

Description

Attention Investors! Turnkey income producing property. There is an annual net income of $40,000.00 on this mixed use property. There are 12 units. In the front building there are 2 retail units-one is a salon that has been rented for 7 years, the other could be an office or easily converted into an apartment. There is also a 1 bedroom and a 2 bedroom apartment in this building. In the rear building there are 8 efficiency apartments, some with long term tenants. There is a 9th efficiency space that is used as the maintenance room. A storage shed is located next to the efficiencies. All units are rented except for one of the retail/office spaces.

Details

  • Property Details

  • MLS #:
    202218820
  • Price
    $375,000
  • Approx. Lot Size Acres
    0.47
  • Approx. Lot Size SqFt
    20,473
  • Class
    Commercial
  • DOM
    16
  • Lot Dimensions
    150x137
  • New Construction
    No
  • Parcel ID#
    02-13-11-403-002.000-041
  • Property Sub-Type
    Mixed Use
  • State
    IN
  • Subdivision
    Begues
  • Year Built
    1955
  • Zip
    46774
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: July 2 2022, 11:28 PM

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