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    1421 E St Rd 18

    Kokomo, IN 46901
    • $117,500
    • STATUS: Active
    • ON SITE: 148 days
    • MLS #: 202014991
    Price Reduced
    UPDATED: 11 min ago
    $117,500
    • 7
      BEDS
    • 0.68
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 4,014
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Rare opportunity to find an investment property like this one. This property offers lots of storage and 3 residential units. Large barn attached triplex offers 2 separate storage units, 1 storage unit is rented for $400 a month, the other storage unit has the start of what could be an efficiency apartment in it. The second barn has 5 garage bays. Unit #3 of the triplex was recently renovated. Owner pays electric in storage unit #5 to operate a lift pump, tenants pay all other utilities. Property being sold as-is. Zoned as 3 Family Dwell- Plotted Land.

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    © 2020 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 The Carole King Team. Data last updated: 2020-09-26T08:27:55.42.

    www.tourlafayettehomes.com/homes/105443031
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    1421 E St Rd 18 Kokomo, IN 46901

    • Price: $117,500
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 202014991
    7
    Beds
    3
    Baths
    1
    ½ Baths
    0.68
    Acres
    4,014
    SQFT
    $29
    $/SQFT
    1954
    Built
    Neighborhood:
    None
    County:
    Miami
    Area:
    Miami
    Elementary School:
    Pipe Creek/Maconaquah
    Middle School:
    Maconaquah
    High School:
    Maconaquah
    School District:
    Maconaquah School Corp.
    Property Description
    Rare opportunity to find an investment property like this one. This property offers lots of storage and 3 residential units. Large barn attached triplex offers 2 separate storage units, 1 storage unit is rented for $400 a month, the other storage unit has the start of what could be an efficiency apartment in it. The second barn has 5 garage bays. Unit #3 of the triplex was recently renovated. Owner pays electric in storage unit #5 to operate a lift pump, tenants pay all other utilities. Property being sold as-is. Zoned as 3 Family Dwell- Plotted Land.
    Exterior Features

    Exterior BrickMetalVinyl Lot Description Irregular Lot Dimensions 63 X 286 Outbuilding None Parking Spaces 6 Pool YN No Roof Material AsphaltMetal Style One Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 7 Above Grade Finished Sqft 4014 Above Grade Unfin Sq Ft 0 Amenities Other-See Remarks 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 Central AirWall Ac Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel ElectricityBaseboardForced Air Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 4014 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 3 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Wash Dry Hookups 3 Washers 0

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 16800 Annual Insurance Expense 2000 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 13899.38 Annual Property Tax 900.62 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Buildings 4 Documents Available Lbp FormLegal Description Efficiencies 0 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1400 Gross Monthly Rent 1150 Lease Term Other New Construction No One Bedrooms 1 Owner Pays ElectricTax Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer Septic Tenant Pays CoolingElectricHeating Three Bedrooms 2 Township Clay Two Bedrooms 0 Unit1 Unit Rent 350 Unit2 Unit Rent 400 Unit3 Unit Rent 250 Units Rented 2 Water Utility Well Year Taxes Payable 2020

    Listing courtesy of Suzie Bradford of The Hardie Group.
    © 2020 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 The Carole King Team.


    © 2020 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 The Carole King Team. Data last updated: 2020-09-26T08:27:55.42.

     
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    The Carole King Team
    3928 McCarty Lane
    Lafayette IN, 47905