Elwood, IN 46036,1639 S A ST
Elwood, IN 46036,1639 S A ST
Elwood, IN 46036,1639 S A ST
41
Listed by Tim Hall • F.C. Tucker/Prosperity
$254,500
$285,000
10.7%
Est.Price: ?

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4,171 SqFt

1639 S A ST Elwood, IN 46036

Est. payment /mo
SOLD DATE : 12/27/2023

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Key Details

Sold Price $254,500

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,171 sqft

Price per Sqft $61

Subdivision No Subdivision

MLS Listing ID 21931048

Sold Date 12/27/23

Year Built 1895

Tax Year 2022

Lot Size 8,712 Sqft

Acres 0.2

Property Description

6 units available located within walking distance of downtown Elwood. 1 parcel contains two triplexes. This property consists of two 2 bedroom/1 bath units and four 1 bedroom/1 bath units. Plenty of value add here with the current vacant units being rehabbed and ready for immediate filling of tenants and room for rent adjustments to market rates. The roof was replaced in 2017 on both buildings. 5 of 6 electric water heaters have been replaced since 2017. There is a parking lot that allows for tenants to park on property. Each unit is metered separately for electric. Tenants pay electric. Landlord pays water, sewer, trash.

Location

State IN

County Madison

Zoning B1

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Sep Electric Meter, Sewer Connected, Water Connected

Parking Type Common

Building

Story Two

New Construction false

Schools

School District Elwood Community School Corp

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Chris Schulhof

Broker | License ID: RB14031306

+1(317) 506-7368

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