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1610 & 1612 W Water Road
$199,900
  • Address: 1610 & 1612 W Water Road
  • City: Hartford City
  • State/county: Blackford County
  • Zip/Postal Code: 47348
  • Country: United States

Description

1610 & 1612 W Water Road – Well designed, quality brick construction investment property featuring 5 apartments, 6 garage bays, and 2 parcels on 1.6 acres of ground zoned R-3. Great view of the golf course and room to build. Four 2 bedrooms and one 1 bedroom units. Laundry for the two upstairs units have access to pay laundry below. One story building units all have laundry hook-ups. Owner has kept the rent rates low due to having good tenants. As of 7/19/19, all units are rented with 2 in leases and 3 month to month post their 1 year leases. Water softeners are rented at $83 a month and services all units except unit d that does not have a softener. Tenants provide their own salt. Electric is in tenants names. Landlord pays water bills , but gets reimbursed by tenants. Rent amounts include $30 for each unit to use one bay of garage.

For more information contact the Kramer Group!

Detail

Updated on July 22, 2019 at 10:09 am

  • Price: $199,900
  • Property Size: 4808
  • Land Area: 1.8
  • Property Type: Apartment Complex
  • Property Status: For Sale, New Listing

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