Skip To Content

225-227 Short Street

Winchester, IN 47394
  • $125,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 202428797
Price Reduced
UPDATED: 47 min ago
$125,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1885
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Curtis Cunningham of Wagner Auctioneering and Real Estate: wagnerauctioneering@yahoo.com.

Description

Wanting to expand your rental portfolio with a high-cash flowing asset? This property features 4, 1 bedroom apartments with overall rents totaling near $2500/month! Utilities are ratio-billed back to the tenants. All units are currently rented! 48 hour notice is a must for all showings!

Monthly Payment Calculator



© 2025 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: 2025-01-13T00:28:23.423.

www.movingwithteammelton.com/homes/153163368
Print Image

225-227 Short Street Winchester, IN 47394

  • Price: $125,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 47 min ago
  • MLS #: 202428797
4
Beds
4
Baths
0
½ Baths
0.18
Acres
2,700
SQFT
$46
$/SQFT
1885
Built
Neighborhood:
None
County:
Randolph
Area:
Randolph
Elementary School:
Willard
Middle School:
Driver
High School:
Winchester
School District:
Randolph Central School Corp.
Property Description
Wanting to expand your rental portfolio with a high-cash flowing asset? This property features 4, 1 bedroom apartments with overall rents totaling near $2500/month! Utilities are ratio-billed back to the tenants. All units are currently rented! 48 hour notice is a must for all showings!
Exterior Features

Exterior Vinyl Lot Description CornerLevel Lot Dimensions 70x114 Outbuilding None Parking Spaces 2 Pool YN No Style Two Story Unit1 Garage Type None Unit2 Garage Type Attached Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2700 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingWater Heater Electric Basement Foundation Partial Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel Electricity Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 2700 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Basement YN No Unit4 Bedrooms 1 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 21600 Annual Insurance Expense 1200 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 18796 Annual Property Tax 1604 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1800 Gross Monthly Rent 1800 Lease Term Month to Month1 YearOther New Construction No One Bedrooms 4 Owner Pays Building InsuranceLawn MaintenanceMaintenance Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays CableElectricOther Three Bedrooms 0 Township White River Two Bedrooms 0 Unit1 Unit Rent 650 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2- Currently Rntd Y / N No Unit2- Garage /#of Cars 1 Unit2- Garage Y / N Yes Unit3 Unit Rent 555 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4 Unit Rent 595 Unit4- Currently Rntd Y / N Yes Unit4- Garage Y / N No Units Rented 3 Water Utility City Year Taxes Payable 2024

Listing provided by Curtis Cunningham of Wagner Auctioneering and Real Estate: wagnerauctioneering@yahoo.com.

© 2025 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.


© 2025 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: 2025-01-13T00:28:23.423.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_2_202428797-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_2_202428797-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_2_202428797-2.jpg
Logo
Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630
Listing provided by Curtis Cunningham of Wagner Auctioneering and Real Estate: wagnerauctioneering@yahoo.com.