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- MLS#21752391
- TypePending
- CountyBOONE
- CityLebanon
- Area607-Boone - Center
- NeighborhoodLane
- Zip46052
- StyleTraditonalAmerican
- Year Built1900
- Taxes1760
- Price$ 225,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,187 SqFt
Listing Provided Courtesy Of:
Jennifer Blandford with Carpenter, REALTORS®
Data Source:
Mid-Indiana BOR / MIBOR Realtor Association
Property Description
CASH COW! Move your $$ out of low-interest accounts & into RE to earn $27k+ GOI w/ this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops, restaurants, library, park & courthouse. Good rental history w/ low expense for great cashflow & solid ROI. Main flr ftrs two 2BR units w/ access to 1C garages. Upper flr offers two 1BR units. A third garage bay is avlbe & could be leased for more $$. LT tenants in place, low turn-over, professionally managed & could continue to be - this is such EZ MONEY. All apartments individually metered. Sold w/ tenants' rights. Please do not disturb them! Sold AS IS. See attached inspection report & estimate for repairs needed.
Price History | |
---|---|
11/14/2020 | Listed $225,000 |
3/10/2021 | 20% - $182,000 |
General Features
Acres | <1/4 Acre |
---|---|
Amenities | 3CD garage |
Arch Style | TraditonalAmerican |
Area | 607 - Boone - Center |
Available for Showing | 1 |
BAC Amount | BACAmount% |
Building Information | Smoke Alarm, No Furniture |
Building Levels | Two |
Building Type | Fourplex, FreeStand |
Cumulative Days on Market | 77 |
Disclosure Other | As-Is, Defects/See Remarks |
Disclosures | Not Applicable |
Inspection Warranties | Other |
Laundry Y/N | Connections None |
Listing Type | Exclusive Right to Sell |
Possession | AtClosing, TenantRights |
Present Use | Apt<20 |
Property Description | CASH COW! Move your $$ out of low-interest accounts & into RE to earn $27k+ GOI w/ this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops, restaurants, library |
Property Type | Multi-Family |
Proposed Use | Apt<20 |
Roof | asphalt shingles |
School District | Lebanon Community |
Status | Pending |
Sub Type | 1-4 Units Residential |
Subdivision | LANE |
Tax Year | 2019 |
Township | Center |
Year Built | 1900 |
Zoning | ZO01 |
Interior Features
Basement | 1 |
---|---|
Number Units Total | 4 |
Total Baths | 0.00 |
Exterior Features
Auto Parking | 6 |
---|---|
Auto Surface | gravel |
Exterior | Vinyl |
Exterior Amenities | Driveway Gravel |
Foundation | Basement-Block, Full |
Lot Information | Access Alley, Corner, Curbs, Sidewalks, Storm Sewer |
Lot Size | 60x120 |
Numberof Garages | 3 |
Road Access | Frontage Road, CityStreet |
Road Surface | Asphalt |
Unit Parking | Parking Lot, Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool