Listing ID201918333
Price$1,600,000
StatusActive
Bedrooms19
Total Baths12
Full Baths12
SqFt 12,860
Acres 0.344
CountyDelaware County
SubdivisionNone
Year Built1929
Property TypeMultifamily
Property Sub TypeApartment Building
Historic church (1929) just renovated into 12 apartment units with laundry and workout facility. Building is sprinkled (fire suppression). Terrazzo entry floor with original church trim throughout. All units have 100 AMP panels, heat pumps, refrigerators, stoves, dishwashers, microwave and garbage disposls. Fully adhered roof approximately 10 years old. Keyless locks exterior and interior. 3 (2-90 gallon, 1-60 gallon) sump pumps. Landlord pays for water and sewage. 14 parking spaces and 1 ADA accessible space. ADA ramp into building. Total building SF 12,860 - living/rentable SF 8513 (66.2%). There are 3 rental rates: 5 - 1 bedroom rent for $800 per month; 5 - 2 bedrooms rent for $1300 per month; 2 - deluxe 2 bedrooms rent for $1,500 per month. Redecoration fee upon lease signing, goes into operating cash is non-refundable. $200 for 1 bdrm & $400 for 2 bdrom. Proforma for property attached. Property is in the opportunity zone.
Listing courtesy of Jerry Wise from Coldwell Banker The Real Estate Group.
© 2019 Indiana Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listing information last updated: Saturday, July 20th, 2019 - 12:27:13 PM.

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