Shrock #2

Multi-Family for Sale
Catylist Listing ID: 30810835
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 1,640 SF
Gross Land Area: 0.03 Acres
Sale Price: $235,000
Unit Price: $117,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 1103
Usable Size (USF): 1,640 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/22/2022

Overview / Comments

This property is in excellent condition and 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 storage shed to store all of your tools in the back yard.
The present owner has owned it since the early eighties and has had almost 100 percent occupancy during this time.

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- MULTI FAMILY
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
Area Description: Residential & Multi housing
Total Number of Buildings: 1
Property Condition: Excellent
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Brick on the front of the structure and the balance aluminum siding.
Parking Type: Surface
Parking Description: One car garage with space for one vehicle to park in front of garage door.
Total Parking Spaces: 1
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Engineered System
Internet Access: DSL
Interior Description: Drywall on walls and ceiling
Zoning Description: Residential- Multi- Housing
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Private
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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