5587 E Us Highway 40

    Greenfield, IN 46140
    • $210,000
    • STATUS: Active
    • ON SITE: 241 days
    • MLS #: 21654695
    UPDATED: 17 min ago
    $210,000
    • 0
      BEDS
    • 4.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    School District:

    Description

    Unique opportunity to own a duplex plus 2 single family homes on adjoining lots. One of the single family homes was previously a 2 unit and it could easily be restored to that condition. SO 5 incomes PLUS there are 3 acres behind the buildings that can be leased to a farmer for a 6TH INCOME! Currently the duplex and one single family home are leased for $700, $550 and $700. The larger single family home is currently owner occupied but could generate $1100 per month is restored to a 2 unit. Rents are currently under market so an owner could generate over $3200 in gross income.

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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/97405855

    5587 E Us Highway 40 Greenfield, IN 46140

    • Price: $210,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 21654695
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.04
    Acres
    1965
    Built
    Neighborhood:
    No Subdivision
    County:
    Hancock
    Area:
    3004 - Hancock - Jackson
    School District:
    Eastern Hancock County
    Property Description
    Unique opportunity to own a duplex plus 2 single family homes on adjoining lots. One of the single family homes was previously a 2 unit and it could easily be restored to that condition. SO 5 incomes PLUS there are 3 acres behind the buildings that can be leased to a farmer for a 6TH INCOME! Currently the duplex and one single family home are leased for $700, $550 and $700. The larger single family home is currently owner occupied but could generate $1100 per month is restored to a 2 unit. Rents are currently under market so an owner could generate over $3200 in gross income.
    Exterior Features

    Architectural Style OtherTraditonalamerican Exterior Concrete BlockWood Exterior Amenities Driveway AsphaltDriveway GravelStorage Shed Foundation CrawlSlab Lot Information Rural No SubdivisionTree Mature Lot Size 4.510 Road Access Hwyus Road Frontage Hwyus Road Surface Asphalt Roof Single & Flat Unit Parking Parking LotPaved AreaUnpaved

    Interior Features

    Basement No Baths Total 0.00 Building Information Smoke Alarm Building Levels OneTwo Laundry Connections Some Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricWellGas ConnectedSeptic System Contingency Act With No Contingency Conversion Yes Direct Soliciting No Disclosures Not Applicable Expenses 0 Gross Operating Income 0 Inspection Warranties Not Applicable Investment Yes New Construction No Other Disclosures As-Is Possession AtclosingTenantrights Possible Financing Conventional Present Use Commmulten Property Sub Type 1-4 Units Residential Proposed Use CommmultenResident Semi Annual Property Tax Amount 1546 Tax Exemption None Tenant Pays ElectricGasInsurance Renters Township Jackson Transaction Type Sale Unit Count 4

    Listing provided courtesy of No Limit Real Estate, Llc. © 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.
     
    The Indy Property Source | Keller Williams Realty
    ,