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101 W Main Street

Sulphur Springs, IN 47388
  • $180,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 202241450
UPDATED: 66 min ago
$180,000
  • 3
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 5,046
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Located on a corner lot, this 4-unit multifamily investment property has a potential ROI of 7.5%. Built in approximately 1900, it has four units on two stories. Unit 1 is a 528 SF hair salon. Unit 2 has two bedrooms and approximately 1,000 SF of living space. Upstairs, units 3 and 4 each have one-bedroom and approximately 600 SF. On-site parking is available. Tenants rights apply.

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© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2023-01-29T12:28:10.353.

www.movingwithteammelton.com/homes/133688285
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101 W Main Street Sulphur Springs, IN 47388

  • Price: $180,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 66 min ago
  • MLS #: 202241450
3
Beds
3
Baths
1
½ Baths
0.21
Acres
5,046
SQFT
$36
$/SQFT
1900
Built
Neighborhood:
None
County:
Henry
Area:
Henry
Elementary School:
Shenandoah
Middle School:
Shenandoah
High School:
Shenandoah
School District:
Shenandoah School Corp.
Property Description
Located on a corner lot, this 4-unit multifamily investment property has a potential ROI of 7.5%. Built in approximately 1900, it has four units on two stories. Unit 1 is a 528 SF hair salon. Unit 2 has two bedrooms and approximately 1,000 SF of living space. Upstairs, units 3 and 4 each have one-bedroom and approximately 600 SF. On-site parking is available. Tenants rights apply.
Exterior Features

Driveway Asphalt Exterior BlockStone Lot Description Corner Lot Dimensions 70X66 Outbuilding None Parking LotOff Street Parking Spaces 6 Pool YN No Roof Material AsphaltMetalShingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 5046 Above Grade Unfin Sq Ft 0 Amenities Eat-In Kitchen Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 1 Flooring Laminate Heating Fuel BaseboardElectricity Main Level Sq Ft 3654 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 5046 Unit1 Basement YN No Unit1 Bathrooms 0 Unit1 Bedrooms 0 Unit1 Sq Ft 528 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 1000 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 600 Unit4 Basement YN No Unit4 Bedrooms 1 Unit4 Sq Ft 600 Upper Level Sq Ft 1392 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 26940 Annual Insurance Expense 5736 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 18757.4 Annual Property Tax 1186.6 Annual Trash Expense 0 Annual Water Sewer Exp 1260 Assoc Dues Frequency Not Applicable Auction Y / N No Documents Available Lbp FormSellers Disclosure Efficiencies 0 Electric Company Duke Energy Indiana Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2245 Gross Monthly Rent 2245 Lease Term Month To Month New Construction No One Bedrooms 3 Owner Pays None Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing Cash Reo YN No Sale Includes Building Sewer City Tenant Pays CoolingElectricHeating Three Bedrooms 0 Township Jefferson Two Bedrooms 0 Unit1 Unit Rent 450 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 695 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 550 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4 Unit Rent 550 Unit4- Currently Rntd Y / N Yes Unit4- Garage Y / N No Units Rented 4 Water Company Other Water Meters 1 Water Utility Well Year Taxes Payable 2022

Listing provided by Jon Kindred of F.C. Tucker/Crossroads Real Estate: [IDXCONTACTINFORMATION].
© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2023-01-29T12:28:10.353.

 
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