www.movingwithteammelton.com/homes/141193257
23
S
Center Street
Flora,
IN
46929
Elementary School:
Carroll
School District:
Carroll Cons. School Corp.
Welcome to this fantastic 8-unit commercial building in the heart of downtown Flora, Indiana! Boasting a mix of residential and commercial spaces, this property offers tremendous potential. Currently, 4 apartments are rented, generating steady income, while 2 apartments and 1 commercial space are vacant, providing an opportunity for expansion or customization. One of the commercial spaces is a thriving coffee shop, adding to the building's appeal. With a monthly gross income exceeding $3,100, this property promises an attractive return on investment. Don't miss the chance to own this versatile and lucrative commercial building in a prime location.
Driveway
None
Exterior
Brick
Location
City/Town/Suburb
Lot Description
Level
Lot Dimensions
45x108
Outbuilding
None
Parking
LotStreet
Parking Spaces
0
Pool YN
No
Roof Material
Flat
Style
Two Story
Waterfront YN
No
Above Grade Bedrooms
5
Above Grade Finished Sqft
6610
Above Grade Unfin Sq Ft
0
Amenities
BasementCeiling-9+
Basement Foundation
Partial BasementUnfinished
Basement Material
Brick
Basement YN
Yes
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
1500
Cooling
Window
Dishwashers
0
Disposals
0
Dryers
1
Flooring
CarpetWood
Heating Fuel
Baseboard
Microwaves
0
Ranges Ovens
6
Refrigerators
8
Rooms Below Grade
1
Total Baths
8
Total Below Grade Sqft
1500
Total Sq Ft
8110
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
600
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
Unit5 Basement YN
No
Unit5 Bedrooms
1
Unit5 Sq Ft
600
Unit6 Basement YN
No
Unit6 Bathrooms
1
Unit6 Bedrooms
1
Unit6 Sq Ft
600
Wash Dry Hookups
1
Washers
1
Annual Electric Expense
500
Annual Fuel Expense
500
Annual Gross Rent
42900
Annual Insurance Expense
1200
Annual Maint Expense
1000
Annual Misc
0
Annual Net Income
36235
Annual Property Tax
2465
Annual Trash Expense
0
Annual Water Sewer Exp
1000
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
1
Documents Available
LBP FormLease
Efficiencies
1
Electric Meters
6
For Sale Or Rent
For Sale
Four Bedrooms
0
Gas Meters
3
Gross Monthly Income
3575
Gross Monthly Rent
3575
Lease Term
Month to Month
New Construction
No
One Bedrooms
5
Owner Pays
Water
Owner Real Estate License YN
No
Pet Restrictions YN
No
Planned Unit Dev YN
No
Property Sub Type
Eightplex
Proposed Financing
CashConventional
Reo YN
No
Restrictions YN
No
Sale Includes
Lease
Sewer
City
Tenant Pays
ElectricHeating
Three Bedrooms
0
Township
Monroe
Two Bedrooms
0
Unit1 Unit Rent
500
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage Y / N
No
Unit2 Unit Rent
600
Unit2- Currently Rntd Y / N
Yes
Unit2- Garage Y / N
No
Unit3 Unit Rent
500
Unit3- Currently Rntd Y / N
No
Unit3- Garage Y / N
No
Unit4 Unit Rent
450
Unit4- Currently Rntd Y / N
Yes
Unit4- Garage Y / N
No
Unit5 Unit Rent
500
Unit5- Currently Rntd Y / N
Yes
Unit5- Garage Y / N
No
Unit6 Unit Rent
600
Unit6- Currently Rntd Y / N
No
Unit6- Garage Y / N
No
Units Rented
5
Water Meters
3
Water Utility
City
Year Taxes Payable
2023
Listing provided by Calvin Dykhuizen of Keller Williams Lafayette: Agt: 765-426-3928.
© 2024 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.
© 2024 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: 2024-10-07T00:28:14.863.
