405 N 7th Street, Kentland, IN 47951
$1,000,000
Property Type:
Residential Income
Bedrooms:
32
Square Footage:
12,760
Lot Size (sq. ft.):
52,708
Status:
Closed
Current Price:
$1,000,000
List Date:
11/10/2023
Last Modified:
2/28/2024
Overview
Description
Listing Details MLS# 541529
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 16
- Bedrooms Total
- 32
- Bathrooms Full
- 16
- Rooms Total
- 64
- Above Grade Finished Area
- 6380
- Below Grade Finished Area
- 6380
- Living Area
- 12760
- Living Area Source
- Assessor
- Year Built
- 1974
- Garage YN
- No
- Accessibility Features YN
- Yes
- Lot Size Acres
- 1.21
- Lot Size Square Feet
- 52708
- Lot Size Source
- Assessor
- Lot Size Dimensions
- 344x148
- Waterfront YN
- No
- Basement YN
- No
Property Features
Accessibility Features:
Enhanced Accessible
Construction Materials:
Brick
Flooring:
Linoleum; Tile; Vinyl
Interior Features:
Elevator
Laundry Features:
Common Area
Lease Type:
Net
Listing Terms:
Cash; Conventional; Lease Option; VA Loan
Other Equipment:
None
Other Structures:
Shed(s)
Owner Pays:
Sewer; Water
Parking Features:
Off Street; None
Pets Allowed:
Yes
Possession:
Close Of Escrow; Negotiable
Road Surface Type:
Asphalt
Tenant Pays:
Electricity; Gas
Utilities:
Electricity Available; Natural Gas Available; Sewer Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 1300000
- Lease Considered YN
- No
- Property Sub Type
- Apartment
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 405
- Street Direction Prefix
- N
- Street Name
- 7th
- Street Suffix
- Street
- County
- Newton
- State
- IN
- Postal Code
- 47951
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Beautiful Brick Colonial Style Investment Opportunity!!! FULLY Updated 16 unit Building. All 2 bedroom, 1 bath units. 4 separate coin op laundry units. Fresh paint, updated kitchens within the last 2 years. All units are occupied.Income and Expenses for Qualified Buyers
Status Change Information
- Major Change Timestamp
- 2024-02-28T15:31:36Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2024-02-28
- Offer Acceptance Date
- 2023-12-23
- Close Date
- 2024-02-27
- Close Price
- 1000000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Expense Year
- 2022
- Gross Scheduled Income
- 150000
Unit Details
- Number Of Two Bedroom Units
- 16
- Number Of Apartments
- 16
Showing Requirements
- Showing Instructions
- Proof of Funds prior to any showings. Use Showing Time
Historical Information
- Public Historical Remarks
- Array, Lease Type: Net
Listing Office:
The Real Estate Shoppe, LLC
Last Updated: February - 28 - 2024
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