Madison County Investors! Fully occupied Triplex near the heart of Downtown Elwood. $1,500 in monthly gross rents means cash flow from day-one! Interior photos are of Unit 1. Tenants responsible for electricity (heat is electric). Landlord responsible for water and sewer. Tenant's rights apply.
Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.
Seller Financing Available! Discover an exceptional opportunity to own this versatile 13,798 sq. ft. two-level property, perfectly positioned in downtown Elwood at the high-visibility intersection of State Road 13 (North Anderson St.) and State Road 28 (Main Street). This prime location is ideal for a wide range of uses, including: Church or place of worship, Restaurant or bar, School with daycare facilities, Event center or banquet hall. Property Details: Upper Level: Approximately 7,000 sq. ft. of open, adaptable space. Basement Level: Additional 7,000 sq. ft., perfect for storage, offices, or other creative uses. Zoning Info: For detailed zoning regulations, please refer to the attached document. Additional Highlights: Tax Abatement Potential: The City of Elwood is open to considering tax abatement for this property-an incredible opportunity for future savings. Virtual Tour: Get an inside look here: Virtual Tour. Important Notes: Closing Costs: Buyers are responsible for all closing costs and taxes at closing. Please account for these expenses when submitting your offer. Flexible Financing: Seller financing is available to make this property even more accessible for the right buyer. Don't miss out on this one-of-a-kind property with endless potential. Schedule your showing today and envision the possibilities! Serious inquiries only.
2 lots zoned commercial at entry of a newer neighborhood that is not yet completely built out with more housing planned. Would be perfect for neighborhood daycare. Other businesses permitted. Can also be used for single family home. Parcels can be sold individually for $40,000 each.
Lot has been connected to city water and has power on site. Not on city sewer, septic drawings on file. Camper is not included.
Commercial property, 1.75 acres, the land has been leveled and ready to start building on. Land goes straight back to the railroad track, the block building behind does not go with the property. The entire piece of cement back of land is owned by the seller. Lot is in the shape of a L.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Elwood is located in Indiana. Elwood, Indiana has a population of 8,295. Elwood is less family-centric than the surrounding county with 20.63% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Elwood, Indiana is $46,709. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Elwood is 40.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.4 inches per year, with 20.6 inches of snow per year.
