BEDS4
BATHS4 full
SQUARE FEET2,182
MLS#202608130
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLElkhart Community Schools
Property Description
Excellent investment opportunity with immediate cash flow and upside potential! This 4-unit property near downtown Elkhart offers strong rental income with many major improvements already completed. Updates include a new roof (2024), replacement windows (2023), updated flooring, kitchen improvements throughout, upgraded electrical service with separate meters, a furnace approximately 7 years old, and a water heater approximately 1 year old. Current rents are $635, $650, $585, and $685 per month, providing steady income with room for future growth. Conveniently located near downtown amenities, shopping, dining, and major employers, this property is a great addition to any investor's portfolio. Don't miss this opportunity to own a well-maintained multi-unit property with solid cash flow potential!
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: None
Days on Market: 98
Heating: Gas, Forced Air
Home Style: Fourplex
Lot Size: 0.16 Acres
Stories: 2.0
Year Built: 1908
Feature Descriptions
Above Grade Finished SQFT: 2182
Amenities: Basement
Exterior: Vinyl
Lot: 0-2.9999
Lot Dimensions: 41X165
Owner Pays: Building Insurance, Maintenance
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric, Heating, Water
Total Finished SQFT: 2182
Units: 4
Water: City
Local Schools
High School: Elkhart
Middle School: Pierre Moran
Elementary School: Beardsley
School District: Elkhart Community Schools
Listed By / Shown By
Listed By
Agency Name: McKinnies Realty, LLC Elkhart
Agency Contact: Cell: 574-215-9291
Agent Name: Jennea Schirr
Shown By
Agency Title: Collins & Company Realtors®
Agency Phone:
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
Estimate Your Payment
Estimated Payment
$ 807.57 per month $755.10 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.47 Homeowner's Insurance