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1430 Portage Avenue

South Bend, IN 46616
  • $175,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 202142265
UPDATED: 53 min ago
$175,000
  • 18
    BEDS
  • 0.12
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,500
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

8 1 Bed 1 Bath Units with only 1 vacancy.? Tenants pay Electric, owner pays Water, Trash, Common area electric and Gas.? Tenants pay $4,150 in rent a month, owner utilities average around $712 per month so this property is already making money! Is in need of some updates and improvements so with the right owner there is plenty of up movement on rents! Also available as a package sale with 2206 S Michigan(9 units) and 532 N Scott st(4 units) for a different price!

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© 2021 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 The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-18T14:28:06.77.

www.hillteamllc.com/homes/122172631
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1430 Portage Avenue South Bend, IN 46616

  • Price: $175,000
  • Status: Active
  • Updated: 53 min ago
  • MLS #: 202142265
18
Beds
8
Baths
0
½ Baths
0.12
Acres
5,500
SQFT
$32
$/SQFT
1923
Built
Neighborhood:
None
County:
St. Joseph
Area:
St. Joseph
Elementary School:
Muessel
Middle School:
Clay
High School:
Clay
School District:
South Bend Community School Corp
Property Description
8 1 Bed 1 Bath Units with only 1 vacancy.? Tenants pay Electric, owner pays Water, Trash, Common area electric and Gas.? Tenants pay $4,150 in rent a month, owner utilities average around $712 per month so this property is already making money! Is in need of some updates and improvements so with the right owner there is plenty of up movement on rents! Also available as a package sale with 2206 S Michigan(9 units) and 532 N Scott st(4 units) for a different price!
Exterior Features

Exterior Brick Lot Description Level Lot Dimensions 86X114 Outbuilding None Parking Spaces 8 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 8 Above Grade Finished Sqft 5500 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingStorage Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 10 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 2000 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetTileVinylWood Heating Fuel GasHot Water Microwaves 0 Ranges Ovens 7 Refrigerators 7 Rooms Below Grade 6 Total Baths 8 Total Below Grade Sqft 2000 Total Sq Ft 7500 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 422 Annual Fuel Expense 4150 Annual Gross Rent 49800 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 39024 Annual Property Tax 2232 Annual Trash Expense 0 Annual Water Sewer Exp 3972 Assessed Value 93000 Assoc Dues Frequency Not Applicable Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 4150 Gross Monthly Rent 4150 Lease Term Month To Month New Construction No One Bedrooms 8 Owner Pays Building InsuranceFuelHeatingLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays Electric Three Bedrooms 0 Township Portage Two Bedrooms 0 Unit1 Unit Rent 650 Unit2 Unit Rent 550 Unit3 Unit Rent 550 Unit4 Unit Rent 650 Unit5 Unit Rent 500 Unit6 Unit Rent 600 Units Rented 7 Water Utility City Year Taxes Payable 2020

Listing courtesy of Tyler Glenn of Tiffany Group Real Estate Advisors Llc.
© 2021 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 The Hill Team | Keller Williams Capital Realty.


© 2021 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 The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-18T14:28:06.77.

 
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The Hill Team | Keller Williams Capital Realty
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Evansville IN, 47715