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430 442 Greensburg Street

North Vernon, IN 47265
  • $525,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 21906448
UPDATED: 18 min ago
$525,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1973
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 either (8) unit 205 Long. The property consists of (8) two bed units, constructed in 1973 and 1992.Windows are vinyl. One meter for water/sewer. Individually metered for electric, although, owner currently charges back utilities to tenants at a rate of ~$60 per month per tenant. The opportunity: average rents $662, rent comparable show 2 bedrooms command $825 with no utilities included. Situated next to Tripton Park a 52 Acre city developed landscape with amphitheater, playground, walking/jogging paths, ponds for fishing, solar park, and Frisbee golf course. Muscatutuck Trail connects to Tripton Park accross the street from the duplexes

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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 2023-03-31T21:24:40.027. 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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430 442 Greensburg Street North Vernon, IN 47265

  • Price: $525,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 18 min ago
  • MLS #: 21906448
0
Beds
0
Baths
0
½ Baths
1
Acres
1973
Built
Neighborhood:
P R & A
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 either (8) unit 205 Long. The property consists of (8) two bed units, constructed in 1973 and 1992.Windows are vinyl. One meter for water/sewer. Individually metered for electric, although, owner currently charges back utilities to tenants at a rate of ~$60 per month per tenant. The opportunity: average rents $662, rent comparable show 2 bedrooms command $825 with no utilities included. Situated next to Tripton Park a 52 Acre city developed landscape with amphitheater, playground, walking/jogging paths, ponds for fishing, solar park, and Frisbee golf course. Muscatutuck Trail connects to Tripton Park accross the street from the duplexes
Exterior Features

View Park/GreenbeltRiverTrees/WoodsValley View YN Yes

Interior Features

Building Area Total 5760

Property Features

Current Financing Exchange - 1031Conventional Current Use Apt<20 Expenses 27366 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 2127 Space Available 5760 Tax Exemption None Tax Year 2022 Tenant Pays Rent Only Township Center Transaction Type Sale Utilities Electricity ConnectedSep Electric MeterSewer ConnectedWater Connected Zoning 2 Family Dwelling

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 2023-03-31T21:24:40.027. 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