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1602 S J Street Elwood, IN $ 325,000
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$ 325,000 Get more info
1602 S J Street
$ 325,000
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1602 S J Street

Elwood, IN, 46036
$ 325,000
Baths0.0

Monthly Estimate*

$ 1,946

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Studio

Multi-Family Home for sale in Elwood, IN

for $325,000. This home was built in 1896 on a lot size of 0.17.

Turn Key Investment property. This 4 unit quadplex was purchased in 2021 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.

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Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,854

Style

TraditonalAmerican

Lot Size

0.17

Year Built

1896

Town/City

Elwood

County/Region

Madison

MLS | Web ID

22011602
Features
General
Heating Forced Air Gas
Cooling Central Electric
Possession Closing Subject To Tenants Rights
Roof Metal
Architectural Style TraditonalAmerican
Security Features Smoke Alarm
Construction Materials Vinyl Siding
Year Built 1896
Tenant Pays All Utilities Insurance Lawncare
Township Pipe Creek
Levels Two
Property Subtype Fourplex
Tax Year 2023
Current Use Apt<20
County Madison
Net Operating Income 30000
New Construction N
Property Type Residential Income
Subdivision Name Lynnwood
Possible Use Apt<20
Status Active
Directions GPS Friendly
High School Elwood Jr-Sr High School
City Elwood
High School District Elwood Community School Corp
NumberOfUnitsTotal 4
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 7492
Waterfront Y/N N
Elementary School Elwood Elementary School
Property Attached Y/N N
Current Financing Conventional
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Active
Tax Lot 48-04-15-302-031.000-027
Legal Description Lynwood 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Exterior
Foundation Details Block
Lot Size Acres 0.17
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Laundry Features Connections All Main Level
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* Excluded Features
List By
Berkshire Hathaway Home

Broker

dbragg@bhhsin.com

Email

Affordability Calculator

$2,101
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,946
Monthly Property Taxes
$155
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
4047068 Elementary School
4045167 Middle School
Elwood Jr-Sr High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/15/2024 $325,000 Listed Price

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1602 S J Street, Elwood, IN, 46036 is a Multi-Family Home for sale at $325,000 with a lot size of 0.17. 1602 S J Street is a studio with 0.0 baths and was built in 1896. The property's zip code is 46036 which is in Elwood, IN

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