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Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Eightplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,610 sqft
MLS Listing ID 202323156
Sold Date 01/05/24
Style Two Story
Bedrooms 5
Full Baths 8
Abv Grd Liv Area 6,610
Total Fin. Sqft 6610
Year Built 1895
Annual Tax Amount $1,200
Tax Year 2023
Lot Size 4,878 Sqft
Property Description
Welcome to this fantastic 8-unit commercial building in the heart of downtown Flora, Indiana! Boasting a mix of residential and commercial spaces, this property offers tremendous potential. Currently, 4 apartments are rented, generating steady income, while 2 apartments and 1 commercial space are vacant, providing an opportunity for expansion or customization. One of the commercial spaces is a thriving coffee shop, adding to the building's appeal. With a monthly gross income exceeding $3,100, this property promises an attractive return on investment. Don't miss the chance to own this versatile and lucrative commercial building in a prime location.
Location
State IN
County Carroll County
Area Carroll County
Direction Drive east on Columbia st, right on center, building on your right
Rooms
Family Room 600 x 500
Dining Room 0 x 500
Kitchen , 450 x 500
Interior
Flooring Carpet, Wood
Fireplaces Number 3
Appliance Lease
Laundry , 0
Exterior
Garage Spaces 1.0
Amenities Available Basement, Ceiling-9+
Waterfront No
Roof Type Flat
Building
Lot Description Level
Story 2
Structure Type Brick
New Construction No
Schools
Elementary Schools Carroll
Middle Schools Carroll
High Schools Carroll
School District Carroll Cons. School Corp.
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with LAF NonMember • NonMember LAF
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