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Description

Secure your future with this well-maintained, partially occupied portfolio with significant room for growth and development possibilities on its sprawling 4.88 acres! Generate income from 8 apartments plus a separate 3-bed/2-bath modular home. Recent upgrades include new coin-operated laundry, water heaters, commercial water softener, well, exterior lighting, plus all new plumbing, electrical, 2 new furnaces & HVAC systems. Many units have been renovated including LVP flooring, updated cabinets, kitchen appliances, dishwashers (in select units), and fresh paint. The property also includes two detached garages for storage or additional parking options and added income. With easy access to nearby parks, walking trails at Camp Timber Lake, and the Two-EEs Winery, this property is prime for expanding the existing complex or utilizing the land for further income generation (subject to zoning approval). Don’t miss this opportunity to own a well-established income property with significant upside potential in Huntington County.

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Details

  • Property Details

  • MLS #:
    202426917
  • Price
    $599,900
  • Bedrooms
    11
  • Baths Total
    10
  • Full Baths
    10
  • Half Baths
    0
  • Approx. Lot Size Acres
    4.88
  • Approx. Lot Size SqFt
    212,573
  • Class
    Investment
  • DOM
    3
  • Lot Dimensions
    785 x 296 x 550 x 75 x 190 x 212
  • New Construction
    No
  • Parcel ID#
    35-01-27-100-024.500-006
  • Property Sub-Type
    Apartment Complex
  • State
    IN
  • Style
    One Story
  • Subdivision
    Huntington
  • Total Finished SqFt
    5,540
  • Total SqFt
    5,540
  • Year Built
    1996
  • Zip
    46750-9692

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

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

Last updated: July 26 2024, 7:43 PM

Listing courtesy of: Jordan Wildman, eXp Realty, LLC

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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