$599,000
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7045 Corydon Junction Road NE New Salisbury, IN 47161
Single Family
Residence
8
Beds
4
Baths
...
Bed/Bath
3,600
Sq. Ft.
Property Activity
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days
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Calling All Investors!! Great investment opportunity!! QUAD-PLEX MULTI-FAMILY APTS COMPLETELY RENTED OUT & RENOVATED FROM THE GROUND UP in 2022! This is a Must See and has GREAT income, with potential for continued increase! Located in the Center of Corydon Junction, this 3,600 Total Sq Ft Building ...is divided into four unique layouts (two upper and two lower), and each unit features two Bedrooms and one Full Bath. GOI of $4,250 currently, and NOI of $3,287. Listed at under a 6 CAP RATE - very hard to find! Landlord pays $30 electric, $150 water & sewer, $75 Trash, $100 Mowing, $80 Upkeep (On high side), $250 for insurance, and $278 in property taxes (Buyer is to verify what property taxes will be for them in their specific situation). All include LVP Flooring throughout, Full Kitchens, Washer-Dryer Hookups, Refrigerators, Dishwashers (in 3 of the 4 Units) Amenities include separate HVAC Systems and Water Heaters, Ceiling Fans, Energy Efficient Vinyl Windows. New Roof, New Gutters, New Paint and Trim inside, all completed in 2022. This investment comes with a Transferrable Acculevel Warranty.Plenty of parking for each unit and additional off-street parking available for guests. Additional photos are available, contact us for more information.
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MLS#
202407075
Property Type
Single Family
Bedrooms
8
Bathrooms
4 Full
Year Built
1900
Square Feet
3,600
sq. ft
Lot Size
0.37
Sewer
Septic
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