$300,255
$318,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
530 N Main Street Albany, IN 47320
14 Beds
7 Baths
4,995 SqFt
Key Details
Sold Price $300,255
Property Type Condo
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 4,995 sqft
Subdivision Other
MLS Listing ID 202026385
Sold Date 02/26/21
Style One Story
Bedrooms 14
Full Baths 7
Abv Grd Liv Area 4,995
Total Fin. Sqft 4995
Year Built 1978
Annual Tax Amount $4,823
Tax Year 2020
Lot Size 0.298 Acres
Property Sub-Type Apartment Building
Property Description
7 UNITS TOTAL. 4 units at 530 N Main Street in Albany and 3 Units at 510 W Liberty St in Albany, IN. These properties are about 8 blocks apart. Buildings are brick ranch style apartment buildings built in 1978 and 1971. All units are 2 bedroom and 1 bath. Several apartments have been updated with new vinyl plank flooring, new vanities, new counter tops, doors and more. Current full occupancy, historically very quick re-leasing when a unit becomes available. 530 N Main St had a new roof installed in May 2020. Low maintenance with brick exteriors and electric ceiling cable heat and through the wall AC units. Current scheduled annual income is $44,400.
Location
State IN
Area Delaware County
Zoning M1 Multiple-Family Residence
Direction SR 67 from Albany to SW corner Main and Walnut (SR 67).
Rooms
Family Room 450 x 550
Dining Room 0 x 550
Kitchen , 550 x 600
Interior
Flooring Carpet, Tile, Vinyl, Vinyl Tile
Fireplaces Number 4
Appliance Building, Land, Lease
Laundry , 10
Exterior
Garage Spaces 1.0
Amenities Available Off Street Parking, Water Heater Electric
Roof Type Asphalt
Total Parking Spaces 10
Building
Lot Description Corner, 0-2.9999
Story 1
Structure Type Brick
New Construction No
Schools
Elementary Schools Albany
Middle Schools Delta
High Schools Delta
School District Delaware Community School Corp.
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Brian Allardt • Coldwell Banker Real Estate Group