1831 N C Street Elwood, IN 46036

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Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Fourplex • 116Y Old

$179,900

1831 N C Street

0.20 Acres
Property Description

Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Three Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.

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Property
MLS # 21961096
Date Listed 2024-02-19
Status Active
Property Type Multi-Family/Apartments
Property SubType Fourplex
New Construction No
Type Fourplex
Basement Partial, Unfinished
Year Taxes Payable 2023
Year Built 1908
Days on Market 115
Additional
Cooling Central Electric
External Features
Construction Fourplex
Lot Size 8,712 sq ft
Acreage 0.20 Acres
Fence None
Location
Area Madison
County Madison
Subdivision No Subdivision
Township Pipe Creek
City Elwood
State IN
Zip 46036
Schools
School District Elwood Community School Corp
Financial
Assoc. Dues $0.00

MLS# 21961096
Listing Provided Courtesy of Albert Stancato
Highgarden Real Estate
astancato@highgarden.com

Listing updated November 30, 2024 at 12:15 am
Last checked 9 minutes ago

IDX information provided by the MIBOR REALTOR® Association. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 1831 N C Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.