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205 Long Street

North Vernon, IN 47265
  • $525,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 21906384
UPDATED: 18 min ago
$525,000
  • 0
    BEDS
  • 64.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1968
County:

School Information

Description

Sold as part of a 32 unit portfolio. Not sold individually as an (8) unit. Will need to be purchased with (8) unit 430 Greensburg. The property consists of (2) one bedroom units and (6) two bedroom units for a total of (8) units, constructed in 1968. Roofs are estimated to be less than 10 years old. Windows are vinyl. One meter for water/sewer. Individually metered for electric, although, owner currently charges back utilities to tenants at a rate of ~$90 per month per tenant. The opportunity: average rents $583 one bed and $639 two bed respectively, rent comparable show 1 bedrooms command $775 and two bedrooms command $825 with no utilities included. Situated next to Jennings County Middle and High Schools.

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© 2023 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2023-03-23T09:24:59.02. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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205 Long Street North Vernon, IN 47265

  • Price: $525,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 18 min ago
  • MLS #: 21906384
0
Beds
0
Baths
0
½ Baths
64.28
Acres
1968
Built
Neighborhood:
Silver Creek
County:
Jennings
Area:
4005 - Jennings - Center
Middle School:
Jennings County Middle School
High School:
Jennings County High School
School District:
Jennings County Schools
Property Description
Sold as part of a 32 unit portfolio. Not sold individually as an (8) unit. Will need to be purchased with (8) unit 430 Greensburg. The property consists of (2) one bedroom units and (6) two bedroom units for a total of (8) units, constructed in 1968. Roofs are estimated to be less than 10 years old. Windows are vinyl. One meter for water/sewer. Individually metered for electric, although, owner currently charges back utilities to tenants at a rate of ~$90 per month per tenant. The opportunity: average rents $583 one bed and $639 two bed respectively, rent comparable show 1 bedrooms command $775 and two bedrooms command $825 with no utilities included. Situated next to Jennings County Middle and High Schools.
Exterior Features

View Creek/StreamNeighborhoodPondTrees/WoodsValley View YN Yes

Interior Features

Building Area Total 6784

Property Features

Current Use Apt<20 Green Certification YN No Net Operating Income 41934 New Construction YN No Number Of Units Total 8 Owner Pays All Utilities Possession ClosingNegotiable Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 3236 Space Available 6784 Tax Year 2022 Tenant Pays Rent Only Township Center Transaction Type Sale Utilities Electricity ConnectedSep Electric MeterSewer ConnectedWater Connected Zoning 4 To 19 Family Apartments

Listing provided courtesy of Bafo: thebafocompany@gmail.com. © 2023 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2023 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2023-03-23T09:24:59.02. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Mike Price Realty Team - RE/MAX Centerstone
3930 Clarks Creek Road
Plainfield IN, 46168