19A-20A Lee Drive

    Martinsville, IN 46151
    • $650,000
    • STATUS: Pending
    • ON SITE: 119 days
    • MLS #: 21542478
    Under Contract
    UPDATED: 43 min ago
    $650,000
    • 0
      BEDS
    • 1.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    School District:

    Description

    16 Unit Complex (8 Duplexes) being sold as package. Addresses include 5-10B, 15-22A, and 25-26A. Price shown is package price. This is a huge ROI Money Maker! The owner is reluctantly selling these properties only to raise capital for a business acquisition. There are 8 duplexes (16 units) in total for sale as one package. Tenants love this place because of the walking distance to all 3 schools without crossing any streets. Newer Furnaces and updates. These will always be rented even in a down economy. I-69 should increase property values and rents even more.

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    © 2018 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 RE/MAX Ability Plus.
    www.indysceneteam.com/homes/80301398

    19A-20A Lee Drive Martinsville, IN 46151

    • Price: $650,000
    • Status: Pending
    • Updated: 43 min ago
    • MLS #: 21542478
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.5
    Acres
    1972
    Built
    Neighborhood:
    No Subdivision
    County:
    Morgan
    Area:
    5512 - Morgan - Washington
    School District:
    Martinsville Msd
    Property Description
    16 Unit Complex (8 Duplexes) being sold as package. Addresses include 5-10B, 15-22A, and 25-26A. Price shown is package price. This is a huge ROI Money Maker! The owner is reluctantly selling these properties only to raise capital for a business acquisition. There are 8 duplexes (16 units) in total for sale as one package. Tenants love this place because of the walking distance to all 3 schools without crossing any streets. Newer Furnaces and updates. These will always be rented even in a down economy. I-69 should increase property values and rents even more.
    Exterior Features

    Architectural Style Other Exterior Brick Foundation Crawl Brick Lot Information Cul-De-Sac Lot Size 68000 Unit Parking Parking Lot

    Interior Features

    Baths Total 0.00 Building Information Other Building Levels One Laundry Other Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities Cable Available Conversion No Direct Soliciting No Disclosures Not Applicable Expenses 41916 Gross Operating Income 127740 Inspection Warranties Not Applicable New Construction No Operating Expense AdvertisingInsuranceMaintenanceProptaxesRepairs Other Disclosures None Possession Atclosing Possible Financing Conventional Property Sub Type 5+Units Commercial Semi Annual Property Tax Amount 4500 Tax Exemption Mortagetaxexemption Tenant Pays Electric Township Washington Transaction Type Sale Unit Count 1

    Listing provided courtesy of Paradigm Realty Solutions. © 2018 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2018 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 RE/MAX Ability Plus.
     
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