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Map

Directions

N. Riverside to Strong

Description

INVESTMENT OPPORTUNITY! 8 multi family buildings/32 apartments with great cash flow. Average rent is $900/month/apartment. 9% cap rate. These would make a perfect 1031 exchange investment. Located in the popular Strong Avenue area of Elkhart. Close to the Riverwalk, Aquatic Center, restaurants, shops and all that downtown Elkhart has to offer.

Details

  • Property Details

  • MLS #:
    202401364
  • Price
    $2,890,000
  • Bedrooms
    32
  • Baths Total
    32
  • Full Baths
    32
  • Half Baths
    0
  • Approx. Lot Size Acres
    1
  • Approx. Lot Size SqFt
    43,560
  • Class
    Investment
  • DOM
    7
  • Lot Dimensions
    200 x 218
  • New Construction
    No
  • Parcel ID#
    20-06-06-440-004.000-012
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    22,020
  • Total SqFt
    31,695
  • Year Built
    1926
  • Zip
    46514
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

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

Last updated: February 23 2024, 2:05 PM

Listing courtesy of: Heidi Gaskill, Berkshire Hathaway HomeServices Elkhart

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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