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5th & V Street , 503, 505, 509,

Bedford, IN 47421
  • $529,900
  • STATUS: Active
  • ON SITE: 256 days
  • MLS #: 202040528
$529,900
  • 14
    BEDS
  • 0.3
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,936
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1995
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity! Seven-plex/Townhomes with great rental history. 100% occupied. All 2BD/1BA with private parking. 2bd/1BA on upper level, main level living room and kitchen, and garage/laundry area on lower level. Tenants responsible for all utilities. Property located right off of 5th Street in Bedford. Close to 37. Many units have been updated including new paint, flooring, and fixtures. Great NOI and Cap Rate!

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dauby Team | Keller Williams Realty. Data last updated: 2021-06-20T00:27:37.713.

www.thedaubyteam.com/homes/110755516
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5th & V Street , 503, 505, 509, Bedford, IN 47421

  • Price: $529,900
  • Status: Active
  • MLS #: 202040528
14
Beds
7
Baths
0
½ Baths
0.3
Acres
5,936
SQFT
$89
$/SQFT
1995
Built
Neighborhood:
None
County:
Lawrence
Area:
Lawrence
Elementary School:
Stalker
Middle School:
Bedford
High School:
Bedford-North Lawrence
School District:
North Lawrence Community Schools
Property Description
Great investment opportunity! Seven-plex/Townhomes with great rental history. 100% occupied. All 2BD/1BA with private parking. 2bd/1BA on upper level, main level living room and kitchen, and garage/laundry area on lower level. Tenants responsible for all utilities. Property located right off of 5th Street in Bedford. Close to 37. Many units have been updated including new paint, flooring, and fixtures. Great NOI and Cap Rate!
Exterior Features

Architectural Style Other Driveway Concrete Exterior Vinyl Fence None Location City/Town/Suburb Lot Description Slope Lot Dimensions Various Outbuilding None Parking GaragePrivate Parking Spaces 14 Pool YN No Roof Material Shingle Style Tri-Level Unit1 Garage Type Basement Unit2 Garage Type Basement Unit3 Garage Type Basement Unit4 Garage Type Basement Unit5 Garage Type Basement Unit6 Garage Type Basement Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 14 Above Grade Finished Sqft 5936 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanStorage Basement Foundation Partial Basement Basement Material Poured Concrete Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 2912 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel Forced Air Microwaves 0 Ranges Ovens 7 Refrigerators 7 Rooms Below Grade 0 Total Baths 7 Total Below Grade Sqft 2912 Total Sq Ft 8848 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 848 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 848 Unit3 Basement YN Yes Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit3 Sq Ft 848 Unit4 Basement YN Yes Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit4 Sq Ft 848 Unit5 Basement YN Yes Unit5 Bathrooms 1 Unit5 Bedrooms 2 Unit5 Sq Ft 848 Unit6 Basement YN Yes Unit6 Bathrooms 1 Unit6 Bedrooms 2 Unit6 Sq Ft 848 Wash Dry Hookups 7 Washers 0

Property Features

Annual Electric Expense 55.82 Annual Fuel Expense 0 Annual Gross Rent 58680 Annual Insurance Expense 0 Annual Maint Expense 3682.81 Annual Misc 0 Annual Net Income 49057.29 Annual Property Tax 5794 Annual Trash Expense 0 Annual Water Sewer Exp 90.08 Assoc Dues Frequency Not Applicable Buildings 7 Cable Company ComcastDirecttv Documents Available Income/ExpensesLease Efficiencies 0 Electric Company Duke Energy Indiana Electric Meters 7 Exemptions No Exemptions Existing Financing Other For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Vectren Energy Gross Monthly Income 4890 Gross Monthly Rent 4890 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Lawn MaintenanceSnow Removal Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Sevenplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays CableElectricHeatingSewerWater Three Bedrooms 0 Township Shawswick Two Bedrooms 7 Unit1 Unit Rent 785 Unit2 Unit Rent 710 Unit3 Unit Rent 710 Unit4 Unit Rent 710 Unit5 Unit Rent 665 Unit6 Unit Rent 710 Units Rented 7 Water Company Bedford City Utilities Water Meters 7 Water Utility City Year Taxes Payable 2019

Listing courtesy of Amy Powell of Revestco Llc.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dauby Team | Keller Williams Realty.


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dauby Team | Keller Williams Realty. Data last updated: 2021-06-20T00:27:37.713.

 
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