1831 N C Street Elwood, IN 46036
Listing Courtesy of: MIBOR / Highgarden Real Estate - Contact:  astancato@highgarden.com

  1831 N C Street Elwood, IN 46036

Active (190 Days)

Description

Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.

MLS #:
21961096
Taxes
$1,179(2023)
Lot Size
8,712 SQFT
Type
Multifamily
Year Built
1908
School District
Elwood Community School Corp
County
Madison County
Community
Pipe Creek

Listed By

Albert Stancato, Highgarden Real Estate, Contact: astancato@highgarden.com
Source
MIBOR
Last checked Apr 3 2025 at 10:45 PM GMT+0000
Bathroom Details
Subdivision
  • No Subdivision
Property Features
  • Foundation: Partial
  • Foundation: Block
Heating and Cooling
  • Central Electric
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Roof: Shingle
Stories
  • 2
Additional Information: Highgarden Real Estate | astancato@highgarden.com
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Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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 last updated 7/20/23 06:55