328 N State Street 1-5, Kendallville, IN 46755
sale
$370,000
|
Single Family Detached
Courtesy Of Open Door Rentals and Real Estate LLC
Investment Opportunity! Cash-Flowing 5-Plex in Kendallville! This purpose-built, five-unit property offers over 4,000 sq. ft. With all units currently rented, the building brings in $4,095 per month. Each unit is separately metered with split utilities. Most major components have been updated within the last 5 12 years, including the roof, siding, windows, doors, concrete walkways, water heaters, HVAC systems, and a new sewer line from building to the main with an exterior cleanout. All units have been fully renovated, and the property offers off-street parking behind the building. This is a rare opportunity to own a true multi-family income property with tenants already in place. Whether you re expanding your portfolio or stepping into investment real estate with a strong performer, this 5-plex is a must-see!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Floor Covering: Laminate
- Floors: 2
- Heating System: Baseboard
- Heating System: Forced Air
- Legal Description: MITCHELLS ADD LOT 178
- MLSID: 202540114
- Roof Type: Metal
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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