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4479 E Shore,  Bremen IN, 46506 (Residential Income)

20 beds , 9 Full/3 Half baths
Status: Active
MLS#: 201944602
1of
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Last Updated: 10/21/2019 8:26 PM
Description for 4479 E Shore Bremen, IN 46506
Don't miss out on this excellent investment opportunity with great ROI potential - 2 buildings with 8 units total offered on scenic Lake of the Woods! Accessible to 30 feet of lake access. With annual gross rents in excess of $75K and low operating expenses, this attractive package offers an annual return between 10 and 13 points on your investment - even before factoring in tax benefits and appreciation! With many units recently updated, an on-site outbuilding usable for additional garage space or storage, newer metal roofing, and the property currently operating at nearly full occupancy, this apartment package can be acquired with positive cashflow from day one! Loads of possibilities and a solid return on investment so don't wait - schedule your showing today!
Price
$460,000
Other
Marshall County
20
9 Full/3 Half
201944602
Active
Description
Don't miss out on this excellent investment opportunity with great ROI potential - 2 buildings with 8 units total offered on scenic Lake of the Woods! Accessible to 30 feet of lake access. With annual gross rents in excess of $75K and low operating expenses, this attractive package offers an annual return between 10 and 13 points on your investment - even before factoring in tax benefits and appreciation! With many units recently updated, an on-site outbuilding usable for additional garage space or storage, newer metal roofing, and the property currently operating at nearly full occupancy, this apartment package can be acquired with positive cashflow from day one! Loads of possibilities and a solid return on investment so don't wait - schedule your showing today!
Listing Information
Property Type: Apartment, 2 Story
20 9 Full/3 Half
1972
German//
Other
8 Total
Neighborhood
School Information
District: Bremen Public Schools
BREMEN BREMEN BREMEN
Room Information
Bathrooms
9 3
Interior Features
Other
Vinyl, Laminate, Carpet
2
Slab
Other, Well
Exterior / Lot Features
18 Parking Spaces,
Other
0X0
0.88 Acres
Driving Directions
On the south east corner of East shore drive and West shore drive.
Financial Considerations
50-43-07-000-158.00>
$4,400
Listing Price History
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Bremen Real Estate

Bremen is located in Indiana. Bremen, Indiana 46506 has a population of 4,737.

The median household income in Bremen, Indiana 46506 is $48,513. The median household income for the surrounding county is $42,554 compared to the national median of $49,877. The median age of people living in Bremen 46506 is 39 years.

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Courtesy: Stephen Smith - Irish Realty
This content last refreshed on 10/21/2019 8:26 PM. 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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