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404 N Main,  Kendallville IN, 46755 (Residential Income)

4 beds , 4 Full baths
Status: Active
MLS#: 201827792
1of
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Last Updated: 7/22/2018 6:50 AM
Description for 404 N Main Kendallville, IN 46755
TRIPLEX - I receive calls every day for people desperate to rent something in Kendallville IN, and I never know what direction to send them. That being said, this seems like a pretty good opportunity for someone to add to their current rental collection, or possibly use this real estate as your way to enter the world of investment properties. The third floor tenant has been here for approximately 7 years, and has zero desire to leave. Rent out the other two, and let this property help you to financial independence. When this home was fully occupied, rent was generating $1400.00 per month, at $16,800 per year, with the first floor at $600.00 and the second floor at $450, and third floor at $350. Those rents had not been updated or increased in a LONG TIME.
Price
$88,900
Mitchells
Noble County
4
4 Full
201827792
Active
Description
TRIPLEX - I receive calls every day for people desperate to rent something in Kendallville IN, and I never know what direction to send them. That being said, this seems like a pretty good opportunity for someone to add to their current rental collection, or possibly use this real estate as your way to enter the world of investment properties. The third floor tenant has been here for approximately 7 years, and has zero desire to leave. Rent out the other two, and let this property help you to financial independence. When this home was fully occupied, rent was generating $1400.00 per month, at $16,800 per year, with the first floor at $600.00 and the second floor at $450, and third floor at $350. Those rents had not been updated or increased in a LONG TIME.
Listing Information
Property Type: Triplex, 3 Story
4 4 Full
1900
Wayne//
Mitchells
3 Total
Neighborhood
School Information
District: East Noble Schools
NORTH SIDE EAST NOBLE EAST NOBLE
Room Information
Bathrooms
4
Interior Features
Carpet, Wood
Baseboard
3
Basement, Full
3
Basement
City
Exterior / Lot Features
5 Parking Spaces, Basement
City Sewer
72X165
0.27 Acres
Corner
Driving Directions
From Indianapolis, head north to Kendallville, then go to 404 N Main Street
Financial Considerations
57-07-33-430-029.00>
$0
Listing Price History
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Kendallville Real Estate

Kendallville is located in Indiana. Kendallville, Indiana 46755 has a population of 9,927.

The median household income in Kendallville, Indiana 46755 is $40,693. The median household income for the surrounding county is $49,102 compared to the national median of $53,482. The median age of people living in Kendallville 46755 is 36.2 years.

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Courtesy: Rock Solid Realty
This content last refreshed on 7/22/2018 6:50 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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