Valparaiso, IN 46383

$1,700,000
Property Type: Residential Income Baths: 17 Square Footage: 1 Lot Size (sq. ft.): 18,469 Status: Closed
Current Price: $1,700,000 List Date: 11/12/2021 Last Modified: 2/23/2024

Overview

Description

17 unit building close to college

Listing Details MLS# 505017

General Property Information

New Construction YN
No
Number Of Units Total
17
Bathrooms Full
17
Rooms Total
Yes
Bathrooms Total
17
Living Area
Yes
Living Area Source
Owner
Year Built
1966
Garage YN
No
Lot Size Acres
0.424
Lot Size Square Feet
18469
Lot Size Dimensions
SEE ASSESOR
Waterfront YN
No
Basement YN
No

Property Features

Construction Materials: Brick; Stucco Flooring: Vinyl Interior Features: Elevator Lease Type: Net Listing Terms: Cash; Lease Option; Other Other Equipment: None Owner Pays: Sewer; Water Parking Features: None Possession: Subject To Tenant Rights 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
1700000
Lease Considered YN
Yes
Lease Term
Month To Month
Listing Agreement
Exclusive Agency
Occupant Type
Tenant

Location Tax and Legal

County
Porter
State
IN
Postal Code
46383
Subdivision Name
Woodhulls Add

Remarks and Miscellaneous

Public Remarks
17 unit building close to college

Status Change Information

Major Change Timestamp
2021-11-26T22:25:43Z
Major Change Type
Status Change
Status Change Timestamp
2021-11-26
Offer Acceptance Date
2021-11-14
Close Date
2021-11-26
Close Price
1700000
Concessions
Yes
Buyer Financing
Other

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2020
Gross Scheduled Income
150000
Insurance Expense
6000
Net Operating Income
120000
New Taxes Expense
9929
Total Actual Rent
150000
Trash Expense
2000
Water Expense
5000

Unit Details

Number Of One Bedroom Units
7
Number Of Two Bedroom Units
10

Showing Requirements

Showing Instructions
Call Listing Agent

Historical Information

Public Historical Remarks
Array, Lease Type: Net
Listing Office: Listing Leaders Northwest
Last Updated: February - 23 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.