$532,500
$575,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
229 W Jackson Boulevard Elkhart, IN 46516-3054
15 Beds
16 Baths
13,120 SqFt
Key Details
Sold Price $532,500
Property Type Condo
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 13,120 sqft
Subdivision None
MLS Listing ID 202000765
Sold Date 04/14/20
Style Quad-Level
Bedrooms 15
Full Baths 16
Abv Grd Liv Area 13,120
Total Fin. Sqft 13120
Year Built 1920
Annual Tax Amount $4,168
Tax Year 2018
Lot Size 0.313 Acres
Property Sub-Type Apartment Building
Property Description
A wonderful investment opportunity to own a larger apartment building in downtown Elkhart. This wonderfully preserved and updated apartment building has 16 units and historically maintains near 100% occupancy. There are 4 studio apartments, 9 one bedrooms, and 3 two bedroom units. The units are spacious and well maintained. The current owner pays all utilities, but the units are individually metered and the new owner could transition the leases so the tenants pay utilities.
Location
State IN
Area Elkhart County
Direction From Main St head west on Jackson. Property is on the left at corner of 3rd st and Jackson.
Rooms
Dining Room 0
Interior
Flooring Carpet
Appliance Building
Laundry , 20
Exterior
Fence None
Amenities Available Ceiling Fan, Off Street Parking
Roof Type Rubber
Total Parking Spaces 20
Building
Lot Description Corner, 0-2.9999
Story 4
Structure Type Brick
New Construction No
Schools
Elementary Schools Beardsley
Middle Schools North Side
High Schools Elkhart Central
School District Elkhart Community Schools
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Steve Miller • RE/MAX Results-Goshen