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Key Details
Sold Price $96,900
Property Type Condo
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 3,640 sqft
Subdivision None
MLS Listing ID 202240820
Sold Date 10/21/22
Style Two Story
Bedrooms 13
Full Baths 9
Abv Grd Liv Area 3,640
Total Fin. Sqft 3640
Year Built 1890
Annual Tax Amount $2,400
Tax Year 2022
Lot Size 9,147 Sqft
Property Description
This building has been providing housing for over 50 years. At one time building was owned and operated by Joe & Shirley Berry and served as a hair salon as Shirley's Hair Fashion and Dean's Barber Shop. In addition to Shirley's Hair Fashion Shirley and Joe provided affordable housing close to downtown shopping, restaurants, library and more. If you are an investor, then this may be for you. New owner has done many upgrades and added 3 more efficiency apartments. Efficiencies have few vacancies. This affordable housing consisting of mostly 1 or 2 bedroom apartments ranging from $300 to $650 per month all inclusive. Majority of appliances & window air units are owned by landlord and stay with purchase. Rents are mo to mo but owner does have Rental agreement in place for each tenant. Realtor has floor plan, monthly revenue with expenses. Roof is rubber and is approximately 8 to 10 yrs old. Current owner has added a coin operated laundry room for Tenants only. To view pls give a min of 48 hrs notice. Ample parking provided. Property is being sold as-is.
Location
State IN
Area Gibson County
Direction 1 Block North of State St & Hart St
Rooms
Dining Room 0
Interior
Flooring Carpet, Vinyl
Appliance Building, Land, Other
Laundry , 15
Exterior
Exterior Feature None
Fence None
Amenities Available Off Street Parking
Waterfront Description None
Roof Type Rubber
Total Parking Spaces 15
Building
Lot Description Corner, Level
Story 2
Structure Type Brick
New Construction No
Schools
Elementary Schools Princeton
Middle Schools Princeton
High Schools Princeton
School District North Gibson School Corp.
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with James Chappell • Mission Real Estate Group Inc.