116 1/2 E Church Street, Alexandria, IN 46001
sale
$599,900
|
Other
Courtesy Of Carpenter Realtors
Looking to expand your rental portfolio? Now offering 2 connected Buildings, a total of 7 Units, 5 currently under lease ready to go. These units have lots of rental potential, could be used as apartments or business offices. ( Has been a hair studio, and book store. ) Great convenient location, this is Downtown Alexandria across from the city park and Library. Parking lot included, and City parking lot next door. 5 GAS Furnaces , 2 Electric Furnaces. 7 individual meters for electric. This property's Gross income is over $5400 a month. Tenants pays electric and gas. The OUTSIDE RECENTLY PAINTED, NEW TPO ROOF in 2022. Most appliances stay except for the large washer in dryer in the unit rented out to a cleaning company. Some of the Furnaces are newer, There is some newer flooring and drywall throughout, City Water , sewage and trash currently paid by owner. 2 Back Balconies for the tenants upstairs, There is a one car storage area, great for supplies and tools. This property has been owned and maintained for over 15 years , it is being sold AS-IS.
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Property Features
- Architecture Style: Other
- Building Units: 7
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- Legal Description: C & S 34'X132' 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
- MLSID: 22053157
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