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406 W Indiana ST Kouts, IN 46347
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Key Details
Sold Price $730,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 53,579 sqft
Price per Sqft $13
Subdivision Madyson Apartments
MLS Listing ID 806696
Sold Date 09/10/24
Bedrooms 16
Full Baths 8
Year Built 1997
Annual Tax Amount $6,487
Tax Year 2022
Lot Size 1.230 Acres
Acres 1.23
Property Sub-Type Apartment
Property Description
Ready to own your very own apartment community with room to expand future development? In the center of Kouts, not far from bustling Valparaiso, this property includes 2 buildings with 8 units total featuring 2 bed 1 bath and private parking lot between. 6 total parcels included with sale. Average rent $867 per month with all units currently occupied. Tenants pay gas and electric. Updates through out the last several years and professionally managed for an easy transition. Add this wonderful opportunity to your rental portfolio!
Location
State IN
County Porter
Interior
Interior Features Open Floorplan
Heating Forced Air, Natural Gas
Fireplace N
Appliance Dishwasher, Washer/Dryer Stacked, Refrigerator, Microwave, Gas Range
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Few Trees, Paved
Story Two
Others
Tax ID 64-16-07-477-016.000-014
Acceptable Financing NRA20240711174220915260000000
Listing Terms NRA20240711174220915260000000
Financing Other
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Bought with Brokerworks Group
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