1864 Shady Lane, Columbus, IN 47201

$275,000
List Price
$275,000
Price Change
▼ $24,900 1565230201
MLS#
21644415
Lot Size
47,916
Listing Area
LOT 1- THELMA SHARP'S MS
Days on Market
101
Status
ACTIVE

Property Description

10 unit all brick apartment building with long term tenants in place for immediate cash flow. It is located on a gorgeous acre site which allows for ample parking plus could allow for outdoor relaxation for tenants. The building was built in the 1940s as a nursing home so it appears to be built to last forever! Seller has recently installed a metal roof and a brand new septic system. 2 units are 2 bedroom units, 5 are 1 bedroom units and 3 are studio/efficiency units.

Additional Information

Expenses
29296
Tenant Pays
Insurance Renters, NoUtil
Owner Pays
Insurance Structure, All Utilities
Architecture
TraditonalAmerican
Exterior
Brick
Lot Information
Access Street
Lot Size
47,916
Acres
1.1
Financing
Conventional
Region
Columbus
Neighborhood
LOT 1- THELMA SHARP'S MS
School District
Bartholomew Consolidated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of No Limit Real Estate, Llc.

Information Deemed Reliable But Not Guaranteed. © 2019 Metropolitan Indianapolis Board of REALTORS®