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Listed by Reanna Southard • Carpenter, REALTORS®
$ 649,000
Est. payment /mo
Active
116 1/2 E Church ST Alexandria, IN 46001
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22061788
Year Built 1900
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Quadruplex
Property Description
Looking to expand your rental portfolio? Now offering 2 connected Buildings, a total of 7 Units, 5 currently under lease ready to go. These units have lots of rental potential, could be used as apartments or business offices. ( Has been a hair studio, and book store. ) Great convenient location, this is Downtown Alexandria across from the city park and Library. Parking lot included, and City parking lot next door. 5 GAS Furnaces, 2 Electric Furnaces. 7 individual meters for electric. This property's Gross income is over $5400 a month. Tenants pays electric and gas. The OUTSIDE RECENTLY PAINTED, NEW TPO ROOF in 2022. Most appliances stay except for the large washer in dryer in the unit rented out to a cleaning company. Some of the Furnaces are newer, there is some newer flooring and drywall throughout, City Water, sewage and trash currently paid by owner. 2 Back Balconies for the tenants upstairs, There is a one car storage area, great for supplies and tools. This property has been owned and maintained for over 15 years , it is being sold AS-IS. Motivated Seller
Location
State IN
County Madison
Interior
Fireplace N
Building
Story Two
New Construction false
Schools
Elementary Schools Alexandria Monroe Elementary School
Middle Schools Alexandria-Monroe Jr./Sr. High School
School District Alexandria Community School Corp
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