$250,000
$250,000
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2032 S J ST Elwood, IN 46036
7,492 Sqft Lot
Key Details
Sold Price $250,000
Property Type Single Family Home
Sub Type Residential Units - 1 to 4
Listing Status Sold
Purchase Type For Sale
Subdivision Lynwood
MLS Listing ID 21867218
Sold Date 07/28/22
Year Built 1894
Tax Year 2022
Lot Size 7,492 Sqft
Acres 0.172
Property Description
Excellent opportunity with future 10 - 12 cap potential income for this 4 plex in downtown Elwood, IN. This had been a charitable trust business with live in students. Ready for an investor to make this a 4 unit apartment building again with 3 large - 1 bedroom units and 1 - 2 bedroom unit. A separate laundry area, also with hook ups in most of the apartments to use independently. Separately metered, 2 year metal roof, gas and electric to the building. Baseboard heat upstairs and furnace's on the 1st floor. See the attached proforma. Title Work is being done with Near North Title. AS IS SALE - Cash proof of funds and current lender letters required!
Location
State IN
County Madison
Interior
Fireplace N
Laundry Common, Connections All
Building
Lot Description Sidewalks
Architectural Style TraditonalAmerican
Structure Type Brick, Vinyl Siding
New Construction false
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