$2,425,000
$2,590,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
684-670 Strong Avenue Elkhart, IN 46514
32 Beds
32 Baths
22,020 SqFt
Key Details
Sold Price $2,425,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 22,020 sqft
MLS Listing ID 202401364
Sold Date 12/02/24
Style Two Story
Bedrooms 32
Full Baths 32
Abv Grd Liv Area 22,020
Total Fin. Sqft 22020
Year Built 1926
Annual Tax Amount $6,500
Tax Year 2023
Lot Size 1.000 Acres
Property Sub-Type Fourplex
Property Description
INVESTMENT OPPORTUNITY! 8 multi family buildings/32 apartments with great cash flow. Average rent is $900/month/apartment. 9% cap rate. These would make a perfect 1031 exchange investment. Located in the popular Strong Avenue area of Elkhart. Close to the Riverwalk, Aquatic Center, restaurants, shops and all that downtown Elkhart has to offer.
Location
State IN
County Elkhart County
Area Elkhart County
Direction N. Riverside to Strong
Rooms
Dining Room 0
Interior
Flooring Carpet, Laminate
Appliance Building, Lease
Laundry , 32
Exterior
Amenities Available Off Street Parking, Eat-In Kitchen
Roof Type Asphalt
Total Parking Spaces 32
Building
Lot Description Level
Story 2
Structure Type Aluminum
New Construction No
Schools
Elementary Schools Mary Daly
Middle Schools West Side
High Schools Elkhart
School District Elkhart Community Schools
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Heidi Gaskill • Berkshire Hathaway HomeServices Elkhart