757 W Third Street W Shelbyville, IN $ 179,900
757 W Third Street W
$ 179,900
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757 W Third Street W

Shelbyville, IN, 46176
$ 179,900
Baths0.0

Monthly Estimate*

$ 1,077

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Studio

Multi-Family Home for sale in Shelbyville, IN

for $179,900. This home was built in 1900 on a lot size of 0.13.

Prime duplex investment opportunity! Dual units offer $1750 monthly rent & nearly $15,000 annual income pre-debt service. Versatile layout, prime location, and meticulously maintained. Secure, stable returns in a sought-after area. This duplex has been meticulously maintained, ensuring minimal hassle for both you and your tenants. From updated fixtures to pristine interiors, your investment is poised for long-term success! Both units have undergone major surgery, with city permits pulled and city passed remodels. This includes floor joists, heavy electrical overhaul and separation of meters, and of course cosmeticcs with drywall, flooring, paint, high end appliances and new cabinets.

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Multi-Family Pending

Price

$ 179,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,882

Style

TraditonalAmerican

Lot Size

0.13

Year Built

1900

Town/City

Shelbyville

County/Region

Shelby

MLS | Web ID

21971451

Features
General
Possession Closing
Architectural Style TraditonalAmerican
Security Features Smoke Alarm
Construction Materials Aluminum Siding
Year Built 1900
Tenant Pays Electricity Gas Insurance
Township Addison
Levels Two
Building Design Duplex
Tax Year 2024
Current Use Residential
County Shelby
Net Operating Income 13500
Operating Expense 4600
Insurance Expense 1800
New Construction N
Property Type Residential Income
Subdivision Name G & E Ray
Status Pending
Directions GPS Friendly
City Shelbyville
High School District Shelbyville Central Schools
NumberOfUnitsTotal 2
MLS Area 7308 - Shelby - Addison
Lot Size Square Feet 5662
Current Financing Conventional FHA
Structure Type Duplex
Standard Status Pending
Tax Lot 1111
Legal Description G & E RAY 3RD LT63
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Exterior
Parking Features Alley Access
Lot Features Access Sidewalks
Lot Size Acres 0.13
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Interior
Laundry Features Other
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* Excluded Features
List By
Mackenzie Allen, Polston & Ass

Broker

JPOLSTON@MACKENZIEALLENREALESTATE.COM

Email

Affordability Calculator

$1,234
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,077
Monthly Property Taxes
$157
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045152 Elementary School
4045181 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/25/2024$179,900 -5.27% Price Down
4/1/2024$189,900 Listed Price

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757 W Third Street W, Shelbyville, IN, 46176 is a Multi-Family Home for sale at $179,900 with a lot size of 0.13. 757 W Third Street W is a studio with 0.0 baths and was built in 1900. The property's zip code is 46176 which is in Shelbyville, IN