303 N Washington Street

    Marion, IN 46952
    • $650,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 201929351
    UPDATED: 59 min ago
    $650,000
    • 5
      BEDS
    • 0.17
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,400
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:
    Area:

    School Information

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

    Description

    This building has five 1 bedroom apartments plus attached one car garage for owner storage. This property is just one of seven buildings included in this portfolio sale. $170,000 improvement/investment in the last 3 years to these properties. 14 of the 25 units have been totally renovated with new kitchen, back splash, cabinets, bathrooms and flooring. Remaining units have long term tenants. The additional properties addresses as follows: 1202 N Washington St, 220 West 1st St, 411 South D St, 1208 N Washington St, 1520 W 4th St, 304 East Swayzee St. Includes 2 five plex, 4 triplex, 1 duplex with a single family home. Total of 25 units and 100% occupied. Income documents available upon request.

    Monthly Payment Calculator



    © 2019 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: 2019-09-20T00:27:53.233.

    www.tourlafayettehomes.com/homes/96796642

    303 N Washington Street Marion, IN 46952

    • Price: $650,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 201929351
    5
    Beds
    5
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,400
    SQFT
    $191
    $/SQFT
    1895
    Built
    Neighborhood:
    Other
    County:
    Grant
    Area:
    Grant
    Elementary School:
    Riverview/Justice
    Middle School:
    Mcculloch/Justice
    High School:
    Marion
    School District:
    Marion Community Schools
    Property Description
    This building has five 1 bedroom apartments plus attached one car garage for owner storage. This property is just one of seven buildings included in this portfolio sale. $170,000 improvement/investment in the last 3 years to these properties. 14 of the 25 units have been totally renovated with new kitchen, back splash, cabinets, bathrooms and flooring. Remaining units have long term tenants. The additional properties addresses as follows: 1202 N Washington St, 220 West 1st St, 411 South D St, 1208 N Washington St, 1520 W 4th St, 304 East Swayzee St. Includes 2 five plex, 4 triplex, 1 duplex with a single family home. Total of 25 units and 100% occupied. Income documents available upon request.
    Exterior Features

    Architectural Style Contemporary Driveway Gravel Exterior Brick Fence None Location City/Town/Suburb Lot Description Level Lot Dimensions 59 X 36 Outbuilding None Parking Off StreetStreet Parking Spaces 5 Pool YN No Roof Material Asphalt Style Two Story Water Features None Waterfront YN No

    Interior Features

    Above Grade Bedrooms 5 Above Grade Finished Sqft 3400 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanCountertops-LaminatePorch CoveredWater Heater Gas Basement Foundation Partial Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 400 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminateVinyl Heating Fuel Gas Main Level Sq Ft 1700 Microwaves 0 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 1 Total Baths 5 Total Below Grade Sqft 400 Total Sq Ft 3800 Upper Level Sq Ft 1700 Wash Dry Hookups 1 Washers 0

    Property Features

    Annual Electric Expense 6000 Annual Fuel Expense 8000 Annual Gross Rent 192000 Annual Insurance Expense 6000 Annual Maint Expense 35000 Annual Misc 1350 Annual Net Income 112650 Annual Property Tax 13000 Annual Trash Expense 0 Annual Water Sewer Exp 10000 Assoc Dues Frequency Not Applicable Cable Company Brighthouse Networks Documents Available Income/ExpensesLBP FormLeaseUtility Bill InformationRent Roll Efficiencies 0 Electric Company Aep/I&M Electric Meters 1 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Vectren Energy Gas Meters 1 Gross Monthly Income 16000 Gross Monthly Rent 16000 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 5 Owner Pays ElectricHeatingSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays Cable Three Bedrooms 0 Township Center Two Bedrooms 0 Units Rented 5 Water Company Marion Utilities Water Meters 1 Water Utility City Well Type Community Year Taxes Payable 2019

    Listing courtesy of Linda Kitts of Kitts Realty.
    © 2019 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.


    © 2019 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: 2019-09-20T00:27:53.233.

     
    The Carole King Team
    3928 McCarty Lane
    Lafayette IN, 47905