601 Walnut Street, Mount Summit
601 Walnut Street, Mount Summit, IN 47361
Purpose unavailable
$475,000
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1960
Year Built
Additional Information
Home Features
Providence Property Group, PC
Central Indiana real estate services
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
CAP RATE of 9.3%. Turnkey 7-UNIT investment opportunity in this fully occupied, one-level apartment building conveniently located in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a spacious .537 acre lot. Six of the units are 1 bedroom, one-bathroom and approximately 500 SF each. The 7th unit is an efficiency unit with approximately 350 SF of living space. The spacious lot allows for tenant parking on property. Recent updates include a spacious deck for outdoor gatherings, fresh exterior paint, and coin-op laundry machines. Owner pays all utilities and maintenance. Tenant's rights apply. (*interior photos have been digitally altered to remove some personal items)
Location
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601 Walnut Street, Mount Summit, IN 47361
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Listing provided courtesy of Jon Kindred at Real Broker, LLC
Contact: JonKindredGroup@gmail.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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