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716 N Ward Street

Elkhart, IN 46514
  • $129,900
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 202423590
Price Reduced
UPDATED: 84 min ago
$129,900
  • 3
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,472
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1892
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Gene Risner of At Home Realty Group: Office: 574-968-0100.

Description

Discover an incredible investment opportunity with this charming duplex, offering a total of 1,472 square feet of living space. The property features two units: a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit. Each unit is currently rented on a month-to-month basis, providing a steady rental income. The 2/1 unit boasts beautiful hardwood floors throughout, with cozy carpet in the bedroom, and has an updated bathroom. The 1/1 unit has recently been upgraded with new cabinets, making it an attractive living space for tenants. Both units have been well-maintained, with the 2/1 unit's cabinets in great condition. Additional features include a 20 x 30 storage barn with an upstairs area located behind the home, offering ample storage space. The property has separate electrical meters, a 6-year-old electrical panel, and central air installed 6 years ago. The water heater is 10 years old, and the windows were replaced 5 years ago, ensuring energy efficiency and comfort. The duplex also includes an unfinished basement, providing potential for additional storage or future development. This well-kept property is perfect for investors looking for a reliable income stream and a promising long-term asset.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Team Reagan Homes | Blackrock Real Estate Services. Data last updated: 2024-07-25T08:29:03.913.

www.teamreaganhomes.com/homes/152073266
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716 N Ward Street Elkhart, IN 46514

  • Price: $129,900
  • Status: Active
  • On Site: 27 Days
  • Updated: 84 min ago
  • MLS #: 202423590
3
Beds
2
Baths
0
½ Baths
0.12
Acres
1,472
SQFT
$88
$/SQFT
1892
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Elementary School:
Mary Daly
Middle School:
West Side
High School:
Elkhart
School District:
Elkhart Community Schools
Property Description
Discover an incredible investment opportunity with this charming duplex, offering a total of 1,472 square feet of living space. The property features two units: a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit. Each unit is currently rented on a month-to-month basis, providing a steady rental income. The 2/1 unit boasts beautiful hardwood floors throughout, with cozy carpet in the bedroom, and has an updated bathroom. The 1/1 unit has recently been upgraded with new cabinets, making it an attractive living space for tenants. Both units have been well-maintained, with the 2/1 unit's cabinets in great condition. Additional features include a 20 x 30 storage barn with an upstairs area located behind the home, offering ample storage space. The property has separate electrical meters, a 6-year-old electrical panel, and central air installed 6 years ago. The water heater is 10 years old, and the windows were replaced 5 years ago, ensuring energy efficiency and comfort. The duplex also includes an unfinished basement, providing potential for additional storage or future development. This well-kept property is perfect for investors looking for a reliable income stream and a promising long-term asset.
Exterior Features

Exterior Vinyl Location City/Town/Suburb Lot Description Corner Lot Dimensions 40X125 Outbuilding None Parking Spaces 2 Pool YN No Roof Material AsphaltShingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1472 Above Grade Unfin Sq Ft 0 Amenities Basement Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1032 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring Carpet Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 1 Total Baths 2 Total Below Grade Sqft 1032 Total Sq Ft 2504 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bedrooms 2 Wash Dry Hookups 2 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 16800 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 15882 Annual Property Tax 918 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assessed Value 109200 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1400 Gross Monthly Rent 1400 Lease Term 1 Year New Construction No One Bedrooms 1 Owner Pays Lawn MaintenanceSnow Removal Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays CableElectricFuelTrash CollectionWater Three Bedrooms 0 Township Concord Two Bedrooms 1 Unit1 Unit Rent 700 Unit2 Unit Rent 700 Units Rented 2 Water Utility City Year Taxes Payable 2023

Listing provided by Gene Risner of At Home Realty Group: Office: 574-968-0100.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Team Reagan Homes | Blackrock Real Estate Services.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Team Reagan Homes | Blackrock Real Estate Services. Data last updated: 2024-07-25T08:29:03.913.

 
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Team Reagan Homes | Blackrock Real Estate Services
179 S Calumet Ave
Chesterton IN, 46304
Listing provided by Gene Risner of At Home Realty Group: Office: 574-968-0100.