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Listed by Carol Miller • Engel & Volkers
$290,000
Est. payment /mo
3,984 SqFt
UPDATED:
10/16/2024 09:13 PM
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $72
MLS Listing ID 22006589
Year Built 1949
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
This 5 unit apartment building is located south of the Anderson Central Business District. The city bus line is one block to the west. A Kroger's grocery is located within walking distance. These apartments lease up quickly. Some long term tenants. Four 2 BR/1 BA apartments and 1 Efficiency. A storage area with potential rental income is located in the attached garage. Street parking only. A coin operated washer and dryer is available for tenants' use. Income of approximately $100 each month is received from the washer/dryer. The landlord pays all utilities, EXCEPT Apt 1&4 now pay their own gas. Two of the three GFA furnaces are newer; no central air units.Within past 5 years: Electrician installed a new electric panel and new wiring throughout. Also, new Pex plumbing throughout. Financial figures are available for serious buyers. On-site tours of apartments are available for serious buyers providing a pre-approval letter, if financing, or proof-of-funds, if a cash purchase. (Apts vary in sizes and room layouts; Room sizes are estimated; all similar cabinetry.)
Location
State IN
County Madison
Zoning R-4, Multi-Family Residen
Interior
Heating Forced Air, Gas
Fireplace N
Exterior
Utilities Available Electricity Connected, Gas, Sep Gas Meter, Sewer Connected, Well
Roof Type Fiberglass,Rubber
Parking Type Street Only
Building
Story Two
Foundation Slab
Architectural Style Other
Structure Type Block,Vinyl Siding
New Construction false
Schools
Middle Schools Highland Middle School
School District Anderson Community School Corp
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