500 N Church St - Multi-Family FOR SALE


Fort Branch, IN 47648
$147,500 USD
812-386-6200
500 N Church St, Fort Branch, IN for Sale
$147,500 USD
Multi-Family - FOR SALE
1/3
null | 8.86% Cap Rate

500 N Church St
Fort Branch, IN 47648


OVERVIEW

Multifamily Investment includes Duplex & 2-unit Storage. Duplex is concrete structure with a stone exterior. Both unit kitchens’ refrigerator & stove are included in the purchase. Unit A, including garage, is occupied by a long time tenant & Unit B is Vacant. Tenant is responsible for Utilities, split systems for heat & air in place. Storage building is concrete block building covered with vinyl and features concrete floor. Measuring 32’ x32’, storage does not currently have electric panel, but can be added. Owner is responsible for mowing, taxes and insurance. Unit A lease term 6 months from date of closing and 2-unit Storage lease term 3 months from date of closing. Listing as MLS# 202602645

FOR SALE DETAILS

PRICE

$147,500 USD

PRICE/SF

$53 USD /SF

# OF UNITS

4

PRICE/UNIT

$36,875

CAP RATE

8.86%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

500 N Church St, Ft Branch

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

26-19-18-301-000.484-026

ASK ABOUT THIS PROPERTY

Anita WaldroupF.C. Tucker CommercialMore Info
812-386-6200

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Anita WaldroupF.C. Tucker CommercialMore Info
812-386-6200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.