3 E Division Street, Remington, IN 47977
$599,000
Property Type:
Commercial Sale
Square Footage:
8,960
Lot Size (sq. ft.):
17,990
Status:
Pending
Current Price:
$599,000
List Date:
4/22/2026
Last Modified:
4/30/2026
Overview
Description
Listing Details MLS# 837060
General Property Information
- Number Of Units Total
- 11
- Living Area
- 8960
- Building Area Source
- Assessor
- Year Built
- 1966
- Parking Total
- 1216
- Lot Size Acres
- 0.413
- Lot Size Square Feet
- 17990
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
Property Features
Basement:
Finished; Full
Building Features:
Enclosed Stair(s); High Speed Internet; Multi Tenant
Business Type:
Other
Construction Materials:
Stone
Cooling:
Other
Current Use:
Multi-Family
Electric:
Circuit Breakers
Heating:
Baseboard
Listing Terms:
Cash; Conventional
Owner Pays:
Grounds Care; Hot Water; Insurance; Repairs; Security; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Features:
Asphalt; Driveway; Off Street
Possession:
Close Of Escrow; Subject To Tenant Rights
Rail Availability:
None
Roof:
Other
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
Electricity
Utilities:
Electricity Connected; Sewer Connected; Water Connected
View:
Neighborhood
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 599000
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Synergy Home LLC
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 3
- Street Direction Prefix
- E
- Street Name
- Division
- Street Suffix
- Street
- County
- Jasper
- State
- IN
- Postal Code
- 47977
- Subdivision Name
- Schaffers Add
Remarks and Miscellaneous
- Public Remarks
- INVESTMENT OPPORTUNITY Add to your portfolio or start a new one today! Conveniently located on US 24 in Remington, minutes to Interstate 65! This 11 unit multi-family property has been well maintained and managed and is FULLY occupied boasting a 9.5 percent cap rate. Unit make up- 6- 2 bedroom/1 bath, 5- 1 bedroom/1 bath. Call an agent today.
Status Change Information
- Major Change Timestamp
- 2026-04-30T21:01:29Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2026-04-30
- Offer Acceptance Date
- 2026-04-30
More Information
Exemption Information
- Exemption YN
- No
Income and Expenses
- Cap Rate
- 9.6
- Electric Expense
- 4200
- Gross Income
- 90000
- Insurance Expense
- 5092
- Maintenance Expense
- 11000
- Net Operating Income
- 57256
- New Taxes Expense
- 4652
- Sewer Expense
- 3600
- Trash Expense
- 4200
Showing Requirements
- Showing Instructions
- Use showing time. 48 hours notice.
Location, Tax, and Legal
- Tax Annual Amount
- 4652
- Tax Year
- 2025
- Tax Legal Description
- SCHAFFERS ADD LOTS 1 & 2
- Parcel Number
- 370230001012015003
- Additional Parcels YN
- No
- Township
- Carpenter
- Directions
- Property is located on the corner of US 24 and Ohio St.
- Cross Street
- Ohio St
- Census Tract
- 1013
Basement
- Finished
- Yes
- Full
- Yes
Construction Materials
- Stone
- Yes
Cooling
- Other
- Yes
Electric
- Circuit Breakers
- Yes
Heating
- Baseboard
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Asphalt
- Yes
- Driveway
- Yes
- Off Street
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Roof
- Other
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
View
- Neighborhood
- Yes
Water Source
- Public
- Yes
Owner Pays
- Grounds Care
- Yes
- Hot Water
- Yes
- Insurance
- Yes
- Repairs
- Yes
- Security
- Yes
- Sewer
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
Current Use
- Multi-Family
- Yes
Building Features
- Enclosed Stair(s)
- Yes
- High Speed Internet
- Yes
- Multi Tenant
- Yes
Business Type
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
RE/MAX Executives
Last Updated: April - 30 - 2026
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