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    101 - 111 W Washington Street

    Thorntown, IN 46071
    • $425,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 21740741
    $425,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    School District:

    Description

    Beautiful 6 plex in Thorntown. All are 2 bedrooms, 1 bath with eat in kitchens and a laundry appliance closet. Quiet area and units with an older demographic make up, and rents quickly. Separately metered, professionally managed by the same company for over 13 years. Long term ownership that is hands off. Some of the apartments that have turned over have new windows, kitchen sinks/counter tops, bathroom vanities, medicine cabinets, and carpeting. Units have either radiant heat or base board heat, wall unit AC, all electric and utilities which are separately metered for the tenants to pay. All leases are 1 year leases with most tenants releasing. AS IS SALE! FIRM PRICE. No showings without an accepted offer, proof of funds. View 3D tour.

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    © 2020 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or The Indy Property Source | Keller Williams Realty.
    www.theindypropertysource.com/homes/110666479
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    101 - 111 W Washington Street Thorntown, IN 46071

    • Price: $425,000
    • Status: Active
    • MLS #: 21740741
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1972
    Built
    Neighborhood:
    Horners
    County:
    Boone
    Area:
    611 - Boone - Sugar Creek
    School District:
    Western School Corporation
    Property Description
    Beautiful 6 plex in Thorntown. All are 2 bedrooms, 1 bath with eat in kitchens and a laundry appliance closet. Quiet area and units with an older demographic make up, and rents quickly. Separately metered, professionally managed by the same company for over 13 years. Long term ownership that is hands off. Some of the apartments that have turned over have new windows, kitchen sinks/counter tops, bathroom vanities, medicine cabinets, and carpeting. Units have either radiant heat or base board heat, wall unit AC, all electric and utilities which are separately metered for the tenants to pay. All leases are 1 year leases with most tenants releasing. AS IS SALE! FIRM PRICE. No showings without an accepted offer, proof of funds. View 3D tour.
    Exterior Features

    Architectural Style Traditonalamerican Exterior Brick Exterior Amenities Not Applicable Foundation Crawl Lot Information CornerStorm SewerTrees Small Lot Size 9888 Road Access Frontage RoadCitystreet Road Frontage Citystreet Road Surface AsphaltConcrete Roof 5 Years Old Shingles Unit Parking Parking Lot

    Interior Features

    Baths Total 0.00 Building Information Smoke Alarm Building Levels One Laundry Connections All Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricSeparate Electric MeterSeparate Sewer MeterSewerWaterCable AvailableMunicipal Sewer ConnectedMunicipal Water Connected Contingency Act With No Contingency Conversion No Direct Soliciting No Disclosures Not Applicable Expenses 6744 Gross Operating Income 41940 Gross Potential Income 45060 Inspection Warranties Not Applicable Investment Yes Net Operating Income 35796 New Construction No Operating Expense InsuranceMaintenanceManagementPropTaxesRepairs Other Disclosures Sales Disclosure On File Possession TenantrightsOther/See Remarks Possible Financing ConventionalInsuredconventional1031ExchangeNotapplicable Present Use Apt<20 Property Attached YN Yes Property Sub Type 5+Units Commercial Proposed Use Apt<20Resident Semi Annual Property Tax Amount 1812 Tax Exemption None Tenant Pays ElectricInsurance RentersSewerTrash Pick UpWater Township Sugar Creek Transaction Type Sale Unit Count 3 Zoning Z001

    Listing provided courtesy of Fischer & Associates, Inc.. © 2020 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2020 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or The Indy Property Source | Keller Williams Realty.
     
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