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137 & 139 S Main Street

Kendallville, IN 46755
  • $225,000
  • STATUS: Cont-AccptngBackupOffers
  • ON SITE: 195 Days
  • MLS #: 202231057
UPDATED: 154 min ago
$225,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,496
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1884
County:
Area:

School Information

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

Description

MUSTsubmit preapproval with offer. Beautiful historic building, includes a 2 room business area on the main floor. Apartment located in back of office, with living room, bedroom, kitchen, full bath. 2 efficiency apartments on the second floor, Kitchen full bath living/bedroom area. Fully equipped kitchens in each apartment. Includes Refrigerator, Stove, Microwave, Dishes, Silverware. All appliance stay but are not warranted. The 30 yr flat rubberized roof is 10 years old. 3 new furnaces and ac units (2on roof 1 on ground) 2022. All the wiring has been updated. Newer windows and doors. Airbnb controls rentals contracts. Fully rented 95% of the time. You do not have to use Airbnb. Off street parking behind building. One 50 gal water heater, 3 breaker boxes. Historical grants may be available for the exterior only, through EID in Kendallville. They pay 75% owner pays 25%. Please allow 24 hrs. notice for showing.

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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: 2023-02-08T00:27:49.897.

www.movingwithteammelton.com/homes/131308500
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137 & 139 S Main Street Kendallville, IN 46755

  • Price: $225,000
  • Status: Cont-AccptngBackupOffers
  • On Site: 195 Days
  • Updated: 154 min ago
  • MLS #: 202231057
3
Beds
3
Baths
1
½ Baths
0.07
Acres
2,496
SQFT
$90
$/SQFT
1884
Built
Neighborhood:
None
County:
Noble
Area:
Noble
Elementary School:
South Side
Middle School:
East Noble
High School:
East Noble
School District:
East Noble Schools
Property Description
MUSTsubmit preapproval with offer. Beautiful historic building, includes a 2 room business area on the main floor. Apartment located in back of office, with living room, bedroom, kitchen, full bath. 2 efficiency apartments on the second floor, Kitchen full bath living/bedroom area. Fully equipped kitchens in each apartment. Includes Refrigerator, Stove, Microwave, Dishes, Silverware. All appliance stay but are not warranted. The 30 yr flat rubberized roof is 10 years old. 3 new furnaces and ac units (2on roof 1 on ground) 2022. All the wiring has been updated. Newer windows and doors. Airbnb controls rentals contracts. Fully rented 95% of the time. You do not have to use Airbnb. Off street parking behind building. One 50 gal water heater, 3 breaker boxes. Historical grants may be available for the exterior only, through EID in Kendallville. They pay 75% owner pays 25%. Please allow 24 hrs. notice for showing.
Exterior Features

Driveway Stone Exterior Stone Location City/Town/SuburbHistoric District Lot Description CornerLevel Lot Dimensions 24' X 52' Build + 20' X 30' Parking Area Outbuilding Garden Shed Outbuilding Sq Ft 10 Parking Off StreetStreet Parking Spaces 4 Pool YN No Roof Material Flat Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 2496 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingEat-In Kitchen Basement Foundation CellarUnfinished Basement Material Stone Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1248 Cooling Central Air Dishwashers 1 Disposals 0 Dryers 0 Flooring CarpetMixedVinylWood Heating Fuel Forced AirGas Main Level Sq Ft 1248 Microwaves 3 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 2 Total Baths 4 Total Below Grade Sqft 1248 Total Sq Ft 3744 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 600 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 350 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 460 Upper Level Sq Ft 1248 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 2600 Annual Fuel Expense 1400 Annual Gross Rent 30000 Annual Insurance Expense 1567 Annual Maint Expense 3500 Annual Misc 6000 Annual Net Income 12269 Annual Property Tax 1800 Annual Trash Expense 264 Annual Water Sewer Exp 600 Assessed Value 0 Assoc Dues Frequency Not Applicable Association Dues 0 Auction Y / N No Efficiencies 2 Electric Meters 3 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2500 Gross Monthly Rent 2250 Lease Term Other New Construction No One Bedrooms 3 Owner Pays Building InsuranceCoolingElectricFuelHeatingMaintenanceSnow RemovalTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Reo YN No Sale Includes Building Sewer City Tenant Pays Other Three Bedrooms 0 Township Wayne Two Bedrooms 0 Unit1 Unit Rent 784 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 902 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 1041 Unit3- Currently Rntd Y / N Yes Units Rented 4 Water Meters 1 Water Utility City Year Taxes Payable 2021

Listing provided by Joan Means of Century 21 Bradley Realty, Inc: [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: 2023-02-08T00:27:49.897.

 
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