Sold for $333,000 Listed for $333,000
This property is not currently for sale or for rent.
6 Unit Apartment Complex selling via Online Only Auction on Wednesday, August 21, 2024 -- Bidding begins closing out at 6 pm! Exceptional investment opportunity with this well-maintained 2-building apartment complex, comprising 6 units, each featuring 1 bedroom and 1 bath. With 5 out of the 6 units currently tenant occupied, this property presents a compelling income-generating prospect. The apartment complex offers a solid foundation for long-term returns, with the majority of units already providing a steady rental income. Tenant pays utilities: electric, fuel, heating, sewer, trash collection, water. Whether you're looking to expand your investment portfolio or enter the real estate market, this apartment complex stands as a promising opportunity for those seeking a reliable source of passive income in a thriving rental market. Open House: Monday, August 12th 5:30-6pm
On the southwest corner of Walnut & SR 14 in South Whitley
MLS # | 202426892 |
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Date Listed | 2024-07-19 |
Status | Sold |
Property Type | Investment |
Property SubType | Apartment Complex |
Square Feet | 3276 sqft |
New Construction | No |
Style | One Story |
Type | Apartment Complex |
Bedrooms | 6 |
Bathrooms | 6 |
Year Taxes Payable | 2024 |
Year Built | 1969 |
Days on Market | 35 |
5th Bedroom | 6 × 6 | Level |
Full Baths | 6 Main |
Construction | Apartment Complex |
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Lot Size | 9,453 sq ft |
Acreage | 0.22 Acres |
Lot Dimensions | 95X95 |
Fence | None |
Area | Whitley County |
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County | Whitley |
Subdivision | None |
Township | Cleveland |
City | South Whitley |
State | IN |
Zip | 46787 |
School District | Whitko |
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Elementary | South Whitley |
Middle School | Whitko |
High School | Whitko |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202426892
IDX information provided by the Indiana Regional MLS.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Chad Metzger
Metzger Property Services, LLC
chad@metzgerauction.com
Listing updated September 17, 2024 at 2:45 pm
Last checked 7 minutes ago