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Kimberly Slucher

kimberlys@c21bradley.com +1(260) 443-8472

Listed by Jon Kindred • Real Broker, LLC

$ 475,000

Est. payment | -/mo

7 Beds

7 Baths

3,348 SqFt

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$ 475,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

7 Baths

3,348 SqFt

Key Details

Property Type Multi-Family

Sub Type Sevenplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

MLS Listing ID 202628922

Style One Story

Bedrooms 7

Full Baths 7

Abv Grd Liv Area 3,348

Total Fin. Sqft 3348

Year Built 1960

Annual Tax Amount $6,552

Tax Year 2026

Lot Size 0.537 Acres

Property Sub-Type Sevenplex

Property 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

State IN

County Henry County

Area Henry County

Direction GPS Friendly

Rooms

Family Room 850 x 850

Dining Room 0 x 750

Kitchen , 850 x 850

Interior

Flooring Carpet, Vinyl

Fireplaces Number 3

Appliance Building, Land

Laundry , 16

Exterior

Garage Spaces 1.0

Amenities Available Porch Covered, Storm Doors, Washer Hook-Up

Total Parking Spaces 16

Building

Lot Description Level

Story 1

Structure Type Brick,Wood

New Construction No

Schools

Elementary Schools Blue River Valley

Middle Schools Blue River Valley

High Schools Blue River Valley

School District Blue River Valley Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628922

Nearby Locations

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Kimberly Slucher

Broker-Associate Lic# RB1600382

kimberlys@c21bradley.com

+1(260) 443-8472

2928 E Dupont Rd., Fort Wayne, IN 46825

601 S Walnut Street Mount Summit, IN 47361

Kimberly Slucher

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

601 S Walnut Street