1202 North Street, Logansport, IN 46947 (MLS # 202219200)
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Great Investment property that doesn't come up too often. 4 unit apartment building with great cashflow. CAP rate over 11%. Property has recently had all the electric completely redone as well as other repairs that should increase the net return for future years. Property has separated electric and gas meters for each apartment. 1 water meter for all. Owner currently includes all utilities in the rent for ease on tenants but can definitely be made to have tenants pay these bills. Vacant unit is getting new kitchen flooring and a renter is lined up waiting to move in.
| DAYS ON MARKET | 64 | LAST UPDATED | 10/30/2023 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1900 |
| COUNTY | Cass | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| School District | Logansport Community School Corp |
|---|---|
| Elementary School | Landis |
| Jr. High School | Columbia/Logansport |
| High School | Logansport |
| ADDITIONAL DETAILS | |
| BASEMENT | Partial, Unfinished, Yes |
|---|---|
| HEAT | Forced Air, Natural Gas |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | .15 acres |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two Story |
| SUBDIVISION | None |
| TAXES | 1263 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Rachel Henry, Modern Real Estate
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Last Updated On: 4/19/24 12:46 PM PDT
Walk Score provided by walkscore.com
Copyright© 2024 IRMLS. All rights reserved.
Last Updated On: 4/19/24 12:46 PM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2024.