IN > Elwood > Lynnwood
Elwood, IN 46036,1602 S J ST
Elwood, IN 46036,1602 S J ST
Elwood, IN 46036,1602 S J ST
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Listed by Dan Bragg • Berkshire Hathaway Home
$795,000
Est. payment /mo
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7,405 Sqft Lot
Active

1602 S J ST Elwood, IN 46036

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Jack Aikin

Jack Aikin

+1(317) 341-1461

UPDATED:

01/24/2025 08:18 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Subdivision Lynnwood

MLS Listing ID 22011602

Year Built 1896

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Turnkey Investment property. This property is included in a package of 4 buildings with 11 units. This 4-unit quadplex (all 1 bedrooms) was purchased in 2021 and has been totally renovated. It has been rented out ever since. Yearly gross rental income of $30,000. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water, sewer. High income and low maintenance.

Location

State IN

County Madison

Interior

Heating Forced Air, Gas

Cooling Central Electric

Fireplace N

Exterior

View Y/N false

Roof Type Metal

Building

Story Two

Foundation Block

Architectural Style TraditonalAmerican

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Elwood Elementary School

High Schools Elwood Jr-Sr High School

School District Elwood Community School Corp

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Jack Aikin

Agent | RBRB19000475

+1(317) 341-1461

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1602 S J ST

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