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635 S Union Street

Kokomo, IN 46901
  • $159,900
  • STATUS: Active
  • ON SITE: 1 Day
  • MLS #: 202425498
New On Site 1 Day Ago
UPDATED: 118 min ago
$159,900
  • 6
    BEDS
  • 0.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,920
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1889
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Lindsay Howell of Howell Realty Group, LLC: Cell: 765-506-0010.

Description

Welcome to this exceptional 4-plex investment property, an ideal opportunity for investors or owner-occupants. Live in one unit while renting out the other three for additional income. This unique property includes a primary two-story home divided into two spacious units and two charming cottages. Combined, the property features a total of 6 bedrooms and 4 bathrooms. Each unit offers washer/dryer availability for tenant convenience, and all units have been remodeled in recent years. With a current net income of $3,200 per month, this investment promises consistent and reliable returns.

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© 2024 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: 2024-07-12T15:28:43.143.

www.tourlafayettehomes.com/homes/152486633
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635 S Union Street Kokomo, IN 46901

  • Price: $159,900
  • Status: Active
  • On Site: 1 Day
  • Updated: 118 min ago
  • MLS #: 202425498
6
Beds
4
Baths
0
½ Baths
0.2
Acres
2,920
SQFT
$55
$/SQFT
1889
Built
Neighborhood:
None
County:
Howard
Area:
Howard
Elementary School:
Sycamore
Middle School:
Maple Crest
High School:
Kokomo
School District:
Kokomo-Center Township Cons. S.D
Property Description
Welcome to this exceptional 4-plex investment property, an ideal opportunity for investors or owner-occupants. Live in one unit while renting out the other three for additional income. This unique property includes a primary two-story home divided into two spacious units and two charming cottages. Combined, the property features a total of 6 bedrooms and 4 bathrooms. Each unit offers washer/dryer availability for tenant convenience, and all units have been remodeled in recent years. With a current net income of $3,200 per month, this investment promises consistent and reliable returns.
Exterior Features

Driveway Gravel Exterior AluminumBrickWood Location City/Town/Suburb Lot Description Rolling Lot Dimensions 66X132 Outbuilding None Parking GravelOff Street Parking Spaces 3 Pool YN No Road Surface Asphalt Roof Material Shingle Style Two Story Unit1 Garage Type None Unit2 Garage Type Basement Unit4 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 6 Above Grade Finished Sqft 2920 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling FanOff Street ParkingStorageCountertops-LaminatePorch CoveredWater Heater ElectricWater Heater GasWater Heater TanklessWasher Hook-Up Basement Foundation CrawlPartial BasementUnfinished Basement Material BlockPoured ConcreteStone Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 896 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 1 Flooring CarpetVinyl Heating Fuel GasForced AirOther Heating System Main Level Sq Ft 2024 Microwaves 2 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 896 Total Sq Ft 3816 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 1064 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 896 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 480 Unit4 Basement YN No Unit4 Bedrooms 1 Unit4 Sq Ft 480 Upper Level Sq Ft 896 Wash Dry Hookups 2 Washers 1

Property Features

Annual Electric Expense 3600 Annual Fuel Expense 1920 Annual Gross Rent 38400 Annual Insurance Expense 2400 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 27027 Annual Property Tax 1053 Annual Trash Expense 0 Annual Water Sewer Exp 2400 Assessed Value 105300 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 3 Common Amenities Laundry Facilities Efficiencies 0 Electric Meters 2 For Sale Or Rent For Sale Four Bedrooms 1 Gas Meters 2 Gross Monthly Income 3200 Gross Monthly Rent 3200 Inside City Limits Yes Lease Term Month to Month New Construction No One Bedrooms 2 Owner Pays ElectricHeatingLawn MaintenanceMaintenanceSewerWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing CashConventional Reo YN No Sale Includes Land Sewer City Tenant Pays None Three Bedrooms 1 Township Center Two Bedrooms 2 Unit1 Unit Rent 800 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 0 Unit1- Garage Y / N No Unit2 Unit Rent 800 Unit2- Currently Rntd Y / N Yes Unit2- Garage /#of Cars 0 Unit2- Garage Y / N No Unit3 Unit Rent 800 Unit3- Currently Rntd Y / N Yes Unit3- Garage /#of Cars 0 Unit3- Garage Y / N No Unit4 Unit Rent 800 Unit4- Currently Rntd Y / N Yes Unit4- Garage /#of Cars 0 Unit4- Garage Y / N No Units Rented 4 Water Meters 1 Water Utility City Year Taxes Payable 2024

Listing provided by Lindsay Howell of Howell Realty Group, LLC: Cell: 765-506-0010.

© 2024 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.


© 2024 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: 2024-07-12T15:28:43.143.

 
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The Carole King Team
3928 McCarty Lane
Lafayette IN, 47905
Listing provided by Lindsay Howell of Howell Realty Group, LLC: Cell: 765-506-0010.