Total of (8) units on two parcels. (4) two bed (4) one bed. Building Repairs in the Profit and Loss Statement include capital expenditures. Upon due diligence seller can provide details pertaining to what capital improvements were done at this location. Rents averaging $733 per unit compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer. Tenants pay their own electric. Owner pays water/sewer/storm/trash. Buyer will need to run their own estimates for insurance as this asset is part of a portfolio of properties in an umbrella policy. Drive by Only.

Date Added: 7/26/22 at 5:00 am
Last Update: 8/2/22 at 3:29 pm

Interior

  • GeneralWindows Wood
  • Master BedroomCloset Walk in, Sinks Double, Suite, Tub Full with Separate Shower, Tub Whirlpool
  • AppliancesNone
  • A/CNone
  • HeatingNone, No Fuel Source
  • FireplaceLiving Room, Woodburning Fireplce, Fireplaces: 1
  • RoomsLaundry Closet
  • KitchenKitchen Eat In
  • BasementFinished, Full, Walk Out, Daylight/ Lookout Windows
  • Eco/Green FeatureLighting, Windows, HVAC
  • LaundryOther

Exterior

  • GeneralOther
  • StyleRanch
  • ParkingNone
  • ImprovementsNot Applic
  • Other StructuresNot Applicable

Construction

  • GeneralOne

Lot

  • Zoning73-11-06-100-179.000-002
  • TopographyLevel
  • Current UseResidential
  • LandscapingCleared; Soil Type: Not Applic

Utilities

  • WaterWell Required
  • SewerSeptic Needed
  • UtilitiesOther

Financial

  • Sourcemibor, mibor

Location

  • Road/AccessCounty Road
  • HOA AmenitiesAssociation Home Owners, Clubhouse, Entrance Common, Maintenance, Nature Area, Park Playground, Pool, Security, Tennis Court(s), 271.0, Annually

Schools

  • DistrictShelbyville Central Schools
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