www.parkerteamhomes.com/homes/133645365
601
S
Walnut Street
Mount Summit,
IN
47361
Elementary School:
Blue River Valley
Middle School:
Blue River
School District:
Blue River Valley Schools
Great investment opportunity in this 7 unit, one-level apartment building in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a .537 acre lot. Six of the units are 1 bedroom, one-bathroom and approximately 500 SF each. The 7th unit is an efficiency unit with approximately 350 SF of living space. The spacious lot allows for tenant parking on property. Owner pays all utilities and maintenance. Tenants rights apply. Potential ROI is 9.9%.
Architectural Style
RanchPatio/Garden Home
Driveway
Gravel
Exterior
Wood
Fence
None
Location
City/Town/Suburb
Lot Description
0-2.9999Level
Lot Dimensions
179X130
Outbuilding
None
Parking
LotOff StreetPrivate
Parking Spaces
16
Pool YN
No
Roof Material
AsphaltShingle
Sea Wall Type
None
Style
One Story
Unit1 Garage Type
None
Unit2 Garage Type
None
Unit3 Garage Type
None
Unit4 Garage Type
None
Unit5 Garage Type
None
Unit6 Garage Type
None
Waterfront YN
No
Above Grade Bedrooms
7
Above Grade Finished Sqft
3348
Above Grade Unfin Sq Ft
0
Amenities
Ceiling FanOff Street ParkingCountertops-LaminateWater Heater Electric
Basement Foundation
Slab
Basement YN
No
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
0
Cooling
Window
Dishwashers
0
Disposals
0
Dryers
1
Flooring
CarpetVinyl
Heating Fuel
ElectricityOther Heating System
HVAC
Ceiling Fan
Main Level Sq Ft
3348
Microwaves
0
Ranges Ovens
7
Refrigerators
7
Rooms Below Grade
0
Total Baths
7
Total Below Grade Sqft
0
Total Sq Ft
3348
Unit1 Basement YN
No
Unit1 Bathrooms
1
Unit1 Bedrooms
1
Unit1 Sq Ft
348
Unit2 Basement YN
No
Unit2 Bathrooms
1
Unit2 Bedrooms
1
Unit2 Sq Ft
500
Unit3 Basement YN
No
Unit3 Bathrooms
1
Unit3 Bedrooms
1
Unit3 Sq Ft
500
Unit4 Basement YN
No
Unit4 Bedrooms
1
Unit4 Sq Ft
500
Unit5 Basement YN
No
Unit5 Bedrooms
1
Unit5 Sq Ft
500
Unit6 Basement YN
No
Unit6 Bathrooms
1
Unit6 Bedrooms
1
Unit6 Sq Ft
500
Wash Dry Hookups
1
Washers
1
Annual Electric Expense
4436
Annual Fuel Expense
0
Annual Gross Rent
62340
Annual Insurance Expense
4560
Annual Maint Expense
999
Annual Misc
0
Annual Net Income
44980
Annual Property Tax
1569
Annual Trash Expense
1932
Annual Water Sewer Exp
3864
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
1
Documents Available
Aerial PhotoLbp FormSellers Disclosure
Efficiencies
1
Electric Company
Duke Energy Indiana
Electric Meters
1
Exemptions
No Exemptions
For Sale Or Rent
For Sale
Four Bedrooms
0
Gas Company
None
Gas Meters
0
Gross Monthly Income
5195
Gross Monthly Rent
5195
Lease Term
Month To Month
New Construction
No
One Bedrooms
6
Owner Pays
ElectricHeatingLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater
Owner Real Estate License YN
No
Pet Restrictions YN
Yes
Planned Unit Dev YN
No
Property Sub Type
Sevenplex
Proposed Financing
Cash
Reo YN
No
Sale Includes
Building
Sewer
City
Tenant Pays
None
Three Bedrooms
0
Township
Prairie
Two Bedrooms
0
Unit1 Unit Rent
695
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage /#of Cars
0
Unit1- Garage Y / N
No
Unit2 Unit Rent
750
Unit2- Currently Rntd Y / N
Yes
Unit2- Garage /#of Cars
0
Unit2- Garage Y / N
No
Unit3 Unit Rent
750
Unit3- Currently Rntd Y / N
Yes
Unit3- Garage /#of Cars
0
Unit3- Garage Y / N
No
Unit4 Unit Rent
750
Unit4- Currently Rntd Y / N
Yes
Unit4- Garage /#of Cars
0
Unit4- Garage Y / N
No
Unit5 Unit Rent
750
Unit5- Currently Rntd Y / N
Yes
Unit5- Garage Y / N
No
Unit6 Unit Rent
750
Unit6- Currently Rntd Y / N
Yes
Unit6- Garage Y / N
No
Units Rented
7
Water Company
Other
Water Meters
1
Water Utility
City
Year Taxes Payable
2022
Listing provided by Jon Kindred of F.C. Tucker/Crossroads Real Estate: [IDXCONTACTINFORMATION].
© 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: 2023-03-21T19:28:07.933.
