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$55,000 For Sale

132 West 7th Street
Rushville, IN 46173

7 units | Multi Family Home
5227 sq ft - MLS# 21524365
Property Photo
1/5

Description

LARGE multi - family with great investment income potential. Over 3500 square feet this property is presently set up with 7 units - 2 units are 2 bedrooms/1bath and 5 units are 1 bedrooms/1 bath. Baseboard heating. Separate metered units. Off street parking for 1 vehicle per unit as well as street parking.

Features

  • Acres: <1/4 Acre
  • Amenities: Off street parking, near shopping
  • Area: 7008 - Rush - Rushville
  • Basement: 1
  • Building Information: Smoke Alarm, Other
  • Building Levels: Two
  • Building Utilities: Electric, Water, Cable Available, Cable Connected, Municipal Sewer Connected
  • Conversion: 1
  • County/Area: Rush County
  • Exterior: Vinyl
  • Exterior Amenities: Not Applicable
  • Foundation: Basement-Block, Crawl Block
  • Gross Area SQFT: 7590
  • Gross Operating Income: 42000
  • Gross Potential Income: 44400
  • Gross Rent Multiplier: 4.3500
  • HVAC: baseboard heating
  • Insurance Expenses: 1737
  • Insurance Expenses SF: 0.5000
  • Investment: 1
  • Laundry: NoLaundry
  • Listing Status: Active
  • Lot Information: Access Alley, Access Street, Corner, Curbs, Sidewalks
  • Lot Number: 8
  • Lot Size: 66X115
  • Main Type: Multi-Family
  • Net Operating Income: 18000
  • Operating Expense: Maintenance, Management, PropTaxes, Repairs, Utilities
  • Parking Spacesper Unit: 1.0000
  • Property Type: Multi Family Home
  • Road Access: CityStreet
  • Road Frontage: CityStreet
  • Road Surface: Asphalt
  • Roof: asphalt shingle
  • School District: Rush County
  • Solid Waste: 1
  • Sq Ft Source: Assessor
  • Style: Apartbldg
  • Sub Type: 5+Units Commercial
  • Subdivision: Sexton
  • Subdivision/Neighborhood: Sexton
  • Tenant Pays: Cable, Insurance Renters
  • Township: Rushville
  • Trans Type: Sale
  • Unit Count: 7
  • Unit Parking: On Street, Parking Lot, Other
  • Units: 7
  • Year Built: 1900
  • Zip Code: 46173

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Rushville, IN 46173
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