$140,000
For Sale

500 Middlebury Street

Elkhart, IN 46516
4736 sqft | 5 beds | 3 baths | #202436625
Browse 10 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Don’t miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $700,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!

  • Property Details
      • CountyElkhart County
      • MLS #202436625
      • MLS #202436625
      • Property TypePurchase
      • Property SubtypeTriplex
      • Cost140000
      • Square Feet4736
      • Year Built1886
      • Bedrooms5
      • Bathrooms3

Location

Keegan Pressler | Re/Max PartnersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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