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624 Middlebury Street

Elkhart, IN 46516
  • $140,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 202441207
Price Reduced
$140,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,560
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Heather Sanders of eXp Realty, LLC: Cell: 470-232-3644.

Description

Check out this fantastic investment opportunity! This spacious duplex features two 3-bedroom, 1-bathroom, 2-story units with basements for ample storage. The roof is just 10 years old, and with some cosmetic updates, this property is primed to become an income-generating asset. Ideal for investors looking to expand their rental portfolio, this duplex offers great potential for long-term returns. Dont miss the chance to turn this property into a solid, cash-flowing investment for years to come!

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© 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: 2025-01-16T00:28:26.393.

www.movingwithteammelton.com/homes/157107197
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624 Middlebury Street Elkhart, IN 46516

  • Price: $140,000
  • Status: Active
  • On Site: 83 Days
  • MLS #: 202441207
6
Beds
2
Baths
0
½ Baths
0.12
Acres
2,560
SQFT
$55
$/SQFT
1915
Built
Neighborhood:
Beeson(S)
County:
Elkhart
Area:
Elkhart
Elementary School:
Mary Beck
Middle School:
Pierre Moran
High School:
Elkhart
School District:
Elkhart Community Schools
Property Description
Check out this fantastic investment opportunity! This spacious duplex features two 3-bedroom, 1-bathroom, 2-story units with basements for ample storage. The roof is just 10 years old, and with some cosmetic updates, this property is primed to become an income-generating asset. Ideal for investors looking to expand their rental portfolio, this duplex offers great potential for long-term returns. Dont miss the chance to turn this property into a solid, cash-flowing investment for years to come!
Exterior Features

Exterior Aluminum Lot Description Level Lot Dimensions 41x126 Outbuilding None Parking Spaces 2 Pool YN No Road Access City Style Attached Waterfront YN No

Interior Features

Above Grade Bedrooms 6 Above Grade Finished Sqft 2560 Above Grade Unfin Sq Ft 0 Amenities Off Street Parking Basement Foundation Full Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1280 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 1280 Total Sq Ft 3840 Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 3 Wash Dry Hookups 2 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 26500 Annual Insurance Expense 1200 Annual Maint Expense 2000 Annual Misc 400 Annual Net Income 20745 Annual Property Tax 1455 Annual Trash Expense 0 Annual Water Sewer Exp 700 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2208 Gross Monthly Rent 2200 Lease Term None New Construction No One Bedrooms 0 Owner Pays TaxWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays CableElectricHeating Three Bedrooms 2 Township Concord Two Bedrooms 0 Unit1 Unit Rent 1100 Unit1- Currently Rntd Y / N No Unit1- Garage /#of Cars 0 Unit2 Unit Rent 1100 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Units Rented 0 Water Utility City Year Taxes Payable 2024

Listing provided by Heather Sanders of eXp Realty, LLC: Cell: 470-232-3644.

© 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: 2025-01-16T00:28:26.393.

 
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Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630
Listing provided by Heather Sanders of eXp Realty, LLC: Cell: 470-232-3644.