Elkhart, IN 46516 500 Middlebury Street
$140,000
5 more
Presented By: Stephen DiJulius with St. Joseph Realty Group;
Beds • 6
Baths • 3
SQFT • 2,592
Home Details
Donât miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $700,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!
Presented By: Stephen DiJulius with St. Joseph Realty Group;
Interior Features for 500 Middlebury Street
Bedrooms
Num. of 1 Bedrooms1
Num. of 2 Bedrooms1
Num. of 3 Bedrooms1
Num. of 4 Bedrooms
Above Grade Bedrooms5
Beds5
Below Grade Bedrooms
Bathrooms
Below Grade Baths
Other Interior Features
Total Finished SqFt2592
Basement Y/NYes
Above Grade Finished SqFt2592
Above Grade Unfin. SqFt856
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1288
Num. of Efficiencies0
BasementFull Basement
Dishwasher(s)0
Disposal(s)
Dryer(s)
FlooringMixed
Microwaves
Ranges/Ovens3
Refrigerators3
Total Number of Units3
W/D Hookups1
Washers
Other Rooms
Total Rooms Below Grade17
General for 500 Middlebury Street
Age138
Agent First NameStephen
Agent Last NameDiJulius
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaElkhart County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms3
CityElkhart
ClassINVESTMENT
CoolingCentral Air
DOM95
Elementary SchoolMary Beck
FIPS Code18039
FeaturesOff Street Parking, Porch Covered
Full Baths3
Half Baths
HeatingForced Air
High SchoolElkhart
Legal DescriptionBeesons 2nd Lot 61 (Tif 110)
Middle SchoolPierre Moran
Net Income21600
New ConstructionNo
OwnerPaysNone
Pet Restrictions Y/NNo
REONo
Rent Income21600
School DistrictElkhart Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year23/24
Tenant PaysCooling, Electric, Heating, Trash Collection, Water
Total Sq Ft4736
TownshipConcord
TypeTriplex
Virtual TourClick here
Year Built1886
Exterior for 500 Middlebury Street
Approx. Lot Size Acres0.24
ExteriorBrick
Lot DescriptionCorner, Level, 0-2.9999
Lot Dimensions83X127
Lot Size Area10454
Number of Parking Spaces0
OutbuildingNone
PoolNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Mary Beck Elementary School
Middle School
Pierre Moran Middle School
High School
Elkhart High School
Ryan Orr
Associate
