REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Dan Bragg • Berkshire Hathaway Home
$ 795,000
Est. payment /mo
Active
1602 S J ST Elwood, IN 46036
7,405 Sqft Lot
UPDATED:
01/24/2025 08:18 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Lynnwood
MLS Listing ID 22011602
Year Built 1896
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Fourplex
Property Description
Turnkey Investment property. This property is included in a package of 4 buildings with 11 units. This 4-unit quadplex (all 1 bedrooms) was purchased in 2021 and has been totally renovated. It has been rented out ever since. Yearly gross rental income of $30,000. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water, sewer. High income and low maintenance.
Location
State IN
County Madison
Interior
Heating Forced Air, Gas
Cooling Central Electric
Fireplace N
Exterior
View Y/N false
Roof Type Metal
Building
Story Two
Foundation Block
Architectural Style TraditonalAmerican
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Elwood Elementary School
High Schools Elwood Jr-Sr High School
School District Elwood Community School Corp
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.