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    1233 W Lake Street , #16

    Topeka, IN 46571
    • $900,000
    • STATUS: Pending
    • ON SITE: 48 days
    • MLS #: 202105643
    Pending
    UPDATED: 226 min ago
    $900,000
    • 40
      BEDS
    • 3.02
      ACRES
    • 16
      BATHS
    • 16
      1/2 BATHS
    • 8,960
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Information

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

    Description

    Great Investment Opportunity! You may want to consider adding this to your portfolio. This is a 16 Unit Townhome style apartment building available for sale in Topeka, IN. Each unit has either two or three bedrooms with 1.5 baths, a full basement, and washer/dryer hook ups. Gas and electric are seperately metered and paid by the tenants. Metal roof installed in 2016. These are good looking buildings with longterm tenants.

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    © 2021 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 Parker Team | Keller Williams Realty. Data last updated: 2021-04-14T00:27:53.847.

    www.parkerteamhomes.com/homes/114491249
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    1233 W Lake Street , #16 Topeka, IN 46571

    • Price: $900,000
    • Status: Pending
    • Updated: 226 min ago
    • MLS #: 202105643
    40
    Beds
    16
    Baths
    16
    ½ Baths
    3.02
    Acres
    8,960
    SQFT
    $100
    $/SQFT
    1973
    Built
    Neighborhood:
    None
    County:
    LaGrange
    Area:
    LaGrange
    Elementary School:
    Topeka
    Middle School:
    Westview
    High School:
    Westview
    School District:
    Westview School Corp.
    Property Description
    Great Investment Opportunity! You may want to consider adding this to your portfolio. This is a 16 Unit Townhome style apartment building available for sale in Topeka, IN. Each unit has either two or three bedrooms with 1.5 baths, a full basement, and washer/dryer hook ups. Gas and electric are seperately metered and paid by the tenants. Metal roof installed in 2016. These are good looking buildings with longterm tenants.
    Exterior Features

    Driveway Concrete Exterior Vinyl Location City/Town/Suburb Lot Description Level Lot Dimensions 300 X 435 Outbuilding None Parking Paved Parking Spaces 48 Pool YN No Road Surface Paved Roof Material Metal Style Two Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 40 Above Grade Finished Sqft 8960 Above Grade Unfin Sq Ft 0 Amenities Basement 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 4480 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 16 Refrigerators 16 Rooms Below Grade 1 Total Baths 32 Total Below Grade Sqft 4480 Total Sq Ft 13440 Wash Dry Hookups 16 Washers 0

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 135540 Annual Insurance Expense 8040 Annual Maint Expense 1932 Annual Misc 0 Annual Net Income 101367.24 Annual Property Tax 10712.76 Annual Trash Expense 1560 Annual Water Sewer Exp 11928 Assessed Value 687700 Assoc Dues Frequency Not Applicable Buildings 2 Efficiencies 0 Electric Meters 16 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 16 Gross Monthly Income 11295 Gross Monthly Rent 11295 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Lawn MaintenanceSnow RemovalWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Building Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays ElectricFuel Three Bedrooms 8 Township Eden Two Bedrooms 8 Unit1 Unit Rent 710 Unit2 Unit Rent 690 Unit3 Unit Rent 690 Unit4 Unit Rent 690 Unit5 Unit Rent 800 Unit6 Unit Rent 690 Units Rented 16 Water Meters 1 Water Utility City Year Taxes Payable 2020

    Listing courtesy of Joshua Schirr of Re/Max Oak Crest - Elkhart.
    © 2021 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 Parker Team | Keller Williams Realty.


    © 2021 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 Parker Team | Keller Williams Realty. Data last updated: 2021-04-14T00:27:53.847.

     
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    Parker Team | Keller Williams Realty
    3298 McCarty Lane Suite A
    Lafayette IN, 47905