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40 E Mulberry Street

Morgantown, IN 46160
  • $325,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 202315774
Price Reduced
$325,000
  • 3
    BEDS
  • 0.19
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,885
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1905
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Holly Sims-Bruno of Century 21 Scheetz - Bloomington: Office: 812-336-2100.

Description

Morgantown triplex, excellent investment opportunity, metered individually, separate entrances. Lower level is expansive 1 BR unit with large closets, wrap around covered porch, large back deck, formal living area, den, dining, and laundry rooms. Bonus room may be used for additional 2nd bedroom. 2 car detached garage. Upstairs units are 1 BR w/ kitchen and living room. Good for owner/investor, live on main floor, lease the top 2 units, and let tenants pay mortgage. Improvements include: roof (2017), plumbing (2018), electric wiring (2018), breaker panels and meter (2018), sewer line (2023) Downstairs unit 1: Lenox furnace and HVAC (2019, still under warranty), refrigerator, range (2018), wash & Dryer (2018) Upstairs Units 2 & 3: appliances (2018), water heaters (2018), base board heat (2018, 2023), linoleum flooring, cabinets, counter tops (2018) Unit 3: new shower (2020), new ceiling in kitchen & dining room (main level, 2019) Property being sold as-is.

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© 2023 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: 2023-06-08T00:27:58.847.

www.parkerteamhomes.com/homes/139570181
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40 E Mulberry Street Morgantown, IN 46160

  • Price: $325,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 202315774
3
Beds
3
Baths
0
½ Baths
0.19
Acres
2,885
SQFT
$113
$/SQFT
1905
Built
Neighborhood:
None
County:
Morgan
Area:
Morgan
Elementary School:
Indian Creek
Middle School:
Indian Creek
High School:
Indian Creek
School District:
Nineveh-Hensley-Jackson United
Property Description
Morgantown triplex, excellent investment opportunity, metered individually, separate entrances. Lower level is expansive 1 BR unit with large closets, wrap around covered porch, large back deck, formal living area, den, dining, and laundry rooms. Bonus room may be used for additional 2nd bedroom. 2 car detached garage. Upstairs units are 1 BR w/ kitchen and living room. Good for owner/investor, live on main floor, lease the top 2 units, and let tenants pay mortgage. Improvements include: roof (2017), plumbing (2018), electric wiring (2018), breaker panels and meter (2018), sewer line (2023) Downstairs unit 1: Lenox furnace and HVAC (2019, still under warranty), refrigerator, range (2018), wash & Dryer (2018) Upstairs Units 2 & 3: appliances (2018), water heaters (2018), base board heat (2018, 2023), linoleum flooring, cabinets, counter tops (2018) Unit 3: new shower (2020), new ceiling in kitchen & dining room (main level, 2019) Property being sold as-is.
Exterior Features

Exterior BrickVinyl Lot Description Level Lot Dimensions 132 X 66 Outbuilding None Parking Spaces 3 Pool YN No Style Two Story Unit1 Garage Type Detached Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 2885 Above Grade Unfin Sq Ft 576 Amenities Off Street ParkingAttic StoragePantry-Walk InWater Heater ElectricSump Pump Basement Foundation CrawlCellar Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central AirWall Ac Dishwashers 1 Disposals 1 Dryers 1 Flooring CarpetVinyl Heating Fuel BaseboardConventionalMultiple Heating Systems Microwaves 1 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 0 Total Sq Ft 3461 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 16200 Annual Insurance Expense 2220 Annual Maint Expense 1100 Annual Misc 100 Annual Net Income 11378.42 Annual Property Tax 1401.58 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Meters 3 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 1350 Gross Monthly Rent 1350 Lease Term None New Construction No One Bedrooms 3 Owner Pays Building InsuranceLawn MaintenanceMaintenanceSnow RemovalTaxTrash Collection Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventionalFha Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays CableCoolingElectricWaterDeposit Value Three Bedrooms 0 Township Jackson Two Bedrooms 0 Unit1- Currently Rntd Y / N No Unit1- Garage /#of Cars 2 Unit1- Garage Y / N Yes Unit2 Unit Rent 650 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Unit3 Unit Rent 700 Unit3- Currently Rntd Y / N No Unit3- Garage Y / N No Units Rented 0 Water Meters 3 Water Utility City Year Taxes Payable 2022

Listing provided by Holly Sims-Bruno of Century 21 Scheetz - Bloomington: Office: 812-336-2100.

© 2023 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.


© 2023 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: 2023-06-08T00:27:58.847.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Holly Sims-Bruno of Century 21 Scheetz - Bloomington: Office: 812-336-2100.