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913 S Main Street

Elkhart, IN 46516
  • $650,000
  • STATUS: Active
  • ON SITE: 143 Days
  • MLS #: 202337586
UPDATED: 22 min ago
$650,000
  • 9
    BEDS
  • 0.2
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,656
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1875
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Michelle Bordeau of SUNRISE Realty: Cell: 574-339-8199.

Description

Add to your investment portfolio! 7 unit building close to downtown Elkhart with the possibility of 2 more units! This building consist of a mix of 2 Studios, 3 one bedrooms and 2 two bedroom apartments! Each unit includes the essential appliances such as refrigerator, stove and their own electric heat unit. Building underwent renovations in 2021 including new roof, flooring, fresh paint, lighting, electrical, plumbing, all new insulation in the walls, new drywall, windows, cabinets and countertops resulting in a modern and attractive living space. The basement of the building was approved through zoning for 2 more 2 bedroom apartments. Work has not been started on this. 4 Garages that are newly redone with new paint and garage doors. Two of the garages are currently rented. Some apartments come with washer/dryer hook-ups

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© 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: 2024-03-04T20:27:55.153.

www.movingwithteammelton.com/homes/144326538
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913 S Main Street Elkhart, IN 46516

  • Price: $650,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 22 min ago
  • MLS #: 202337586
9
Beds
7
Baths
0
½ Baths
0.2
Acres
4,656
SQFT
$140
$/SQFT
1875
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Elementary School:
Mary Beck
Middle School:
North Side
High School:
Elkhart
School District:
Elkhart Community Schools
Property Description
Add to your investment portfolio! 7 unit building close to downtown Elkhart with the possibility of 2 more units! This building consist of a mix of 2 Studios, 3 one bedrooms and 2 two bedroom apartments! Each unit includes the essential appliances such as refrigerator, stove and their own electric heat unit. Building underwent renovations in 2021 including new roof, flooring, fresh paint, lighting, electrical, plumbing, all new insulation in the walls, new drywall, windows, cabinets and countertops resulting in a modern and attractive living space. The basement of the building was approved through zoning for 2 more 2 bedroom apartments. Work has not been started on this. 4 Garages that are newly redone with new paint and garage doors. Two of the garages are currently rented. Some apartments come with washer/dryer hook-ups
Exterior Features

Exterior BrickVinyl Lot Description Other Lot Dimensions 131 x 66 Outbuilding None Parking Street Parking Spaces 7 Pool YN No Roof Material Shingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 9 Above Grade Finished Sqft 4656 Above Grade Unfin Sq Ft 0 Amenities Porch Covered 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 2124 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Vinyl Heating Fuel Baseboard Microwaves 0 Ranges Ovens 7 Refrigerators 7 Rooms Below Grade 19 Total Baths 7 Total Below Grade Sqft 2124 Total Sq Ft 6780 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 1616 Annual Fuel Expense 0 Annual Gross Rent 77400 Annual Insurance Expense 3471.66 Annual Maint Expense 0 Annual Misc 7740 Annual Net Income 60035.34 Annual Property Tax 2058 Annual Trash Expense 840 Annual Water Sewer Exp 1639 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 2 Electric Meters 8 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 0 Gross Monthly Income 6450 Gross Monthly Rent 6450 Lease Term 1 Year New Construction No One Bedrooms 3 Owner Pays ElectricLawn MaintenanceMaintenanceSnow Removal Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Sevenplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays ElectricWater Three Bedrooms 0 Township Concord Two Bedrooms 2 Unit1 Unit Rent 1000 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 850 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 850 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 1000 Unit4- Currently Rntd Y / N Yes Unit5 Unit Rent 650 Unit5- Currently Rntd Y / N Yes Unit6 Unit Rent 850 Unit6- Currently Rntd Y / N Yes Units Rented 6 Water Meters 1 Water Utility City Year Taxes Payable 2022

Listing provided by Michelle Bordeau of SUNRISE Realty: Cell: 574-339-8199.

© 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: 2024-03-04T20:27:55.153.

 
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Team Melton | ERA First Advantage Realty
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Listing provided by Michelle Bordeau of SUNRISE Realty: Cell: 574-339-8199.