Multi-Family for Sale
Catylist Listing ID: 30810576
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 1,640 SF
Gross Land Area: 0.30 Acres
Sale Price: $235,000
Unit Price: $117,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 1,640 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/19/2022

Overview / Comments

This property is in excellent condition and is located in an area of residential and multi housing, close to schools and shopping.
The roof was replaced with a 50 year metal roof within the last five years. The exterior is aluminum siding with brick veneer on the front of the structure. There is a full basement for your laundry and storage. Also a 528 sq. ft detached garage at the rear of the property which could be used for storage, work shop, or parking vehicles.

The present owner has owned it since the early eighties and has had almost 100 percent occupancy during this time.

Attachments & Media

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Taxing Authority: Elkhart County, Elkhart Township
Tax ID/APN: 20-11-15-402-010.000-015
Zoning: R
Percent Occupied: 100%
Community Amenities: Restaurant(s), Jogging Paths
Property Located Between: 15th and 17th
Highway Access: Two blocks from US Highway 33, Approximately six blocks from Goshen College and four blocks to grocery and drug stores
Airports: South Bend Indiana
Site Description: City lot .305 acre in size
Area Description: Residential and multi housing
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 1
Year Built: 1979
Roof Type: Gable
Construction/Siding: Aluminum Siding
Parking Type: Structure, Surface
Parking Description: Each unit has a one car garage with space to park a second car in the driveway in front of the garage
Total Parking Spaces: 2
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Engineered System
Internet Access: DSL
Interior Description: Drywall sidewalls and ceiling
Zoning Description: Residential Multi Family
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Land Ownership: Individual
Legal Description: Gorhams Sixth SD Lot 205

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,085 30,375 50,749
Median Age: 42.93 36.8 34.97
Households: 3,600 10,846 17,585


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