FOR SALE
$1,500,000

10601 Cunot Cataract
Poland, IN 47868

Apartment
Residential Income
36
Beds
24
Baths
+
1 Half
5.99
Acre Lot
Courtesy: Ron Plecher - RE/MAX Realty Professionals, Offc: 812-323-1231, Phone: 812-323-1231
IRMLS> Indiana> Poland> 47868
There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings' roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.
202423104
Apartment, Ranch, 1 Story
36
24 Full/1 Half
1999
Owen
5.99 Acres
Electric Water Heater, Public Water Service
1
Septic
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ron Plecher - RE/MAX Realty Professionals, Offc: 812-323-1231, Phone: 812-323-1231
This content last refreshed on 7/21/2024 8:13 PM CST. 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.