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In-PersonVirtual Tour
$ 5,900,000
Est. payment | /mo
9,147 Sqft Lot
$ 5,900,000
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202403499
Year Built 2022
Annual Tax Amount $51,200
Lot Size 9,147 Sqft
Property Sub-Type Other/Unknown
Property Description
This apartment building hosts 16 units, 16 parking spaces, 24 bedrooms, 24 baths. Property located in highest density zoning for rentals in town. Gross income is $358,808 annually for 24/25 leases. Property built in 2022 and incudes all window coverings and appliances not belonging to tenants. Sale subject to tenants rights. Excellent location near IU sports stadium's, shopping and restaurants. Appraised for $6.5 Million 2022. Asking $5.9 million.
Location
State IN
County Monroe County
Area Monroe County
Direction Dunn Street south from 45/46 bypass, turn right on 17th Street, property on Corner of Lincoln and 17th to the Right.
Interior
Flooring Carpet, Concrete, Vinyl Tile, Other
Appliance Building
Exterior
Fence None
Roof Type Rubber
Building
Story 5
New Construction Yes
Others
Financing Cash,Conventional
IDX information provided by the Indiana Regional MLS
Listed by Jason Millican • Jason Millican Group • Cell: 317-372-9999