$326,000 Price Analysis   ♡   South Bend, IN 46628 6 bed 4 bath 2,012 SqFt ($162/SqFt) 6,098SqFt lot. Built 1952 Listed 2024-03-22 | Ⓧ USDA Ineligible due to location near ChainOLakes |
Ready to add this fully leased brick fourplex to your portfolio? The building and parking lot are situated on a large corner lot on a dead end street with easy access to the airport
South Shore train line and Li ncolnway corridor towrds DTSB. This building was operated commercially for much of its life and has been meticulously maintained over the years.
Units are fully leased with happy tenants, please do not disturb.
Presented by Nick Demaegd at
CENTURY 21 Circle.
Property MLS #202409426 from IRMLS
Bedrooms: 6
Total Bathrooms: 4 / 0
Full Bathrooms: 4
Full Bathrooms: 4
Laundry Features: # of Washers: 1, # of Dryers: 1
Cooling Features: Central Air
Fuel Expense: 1937
Heating Features: Gas, Conventional, Forced Air
Fuel Expense: 1937
Heating Features: Gas, Conventional, Forced Air
Furnished Description: Building, Land, Lease
Flooring: Mixed
Flooring: Mixed
Basement Description: Full Basement
Lot Description: Corner
Lot Size Acres: 0.1399908
Lot Size Dimensions: Irregular
Lot Size Square Feet: 6098
Lot Size Acres: 0.1399908
Lot Size Dimensions: Irregular
Lot Size Square Feet: 6098
Garage Spaces: 8
Garage Description: Lot, Off Street, Paved
Garage Description: Lot, Off Street, Paved
Number of Buildings: 1
Number of Units: 4
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 2
Number of Units: 4
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 2
Elementary School: Coquillard
High School: Washington
Middle School: Navarre
School District: South Bend Community School Corp
High School: Washington
Middle School: Navarre
School District: South Bend Community School Corp
Coquillard Primary Center is a public elementary school located approximately 0.7 miles away.
Map directions
Map directionsDickinson Fine Arts Academy is a public middle school located approximately 1 miles away.
Map directions
Map directionsClay High School is a public high school located approximately 3.9 miles away.
Map directions
Map directionsSt John The Baptist Elementary School is a private elementary and middle school located approximately 0.5 miles away.
Map directions
Map directionsIncome Includes: 42996
Lease Term: 1 Year
Lease Term: 1 Year
Community Features: Basement, Off Street Parking, Water Heater Gas, Washer Hook-Up
Annual Tax Amount: 3107
Source Listing Status: Active
County: St. Joseph County
Directions: North side of Lincolnway, just east of Bendix
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 2200
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Electric, Heating, Maintenance, Sewer, Trash Collection, Water
Parcel Number: 71-08-03-107-001.000-026
Property Location: Near Airport
Township: Portage
Source System Name: C2C
Source Listing Status: Active
County: St. Joseph County
Directions: North side of Lincolnway, just east of Bendix
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 2200
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Electric, Heating, Maintenance, Sewer, Trash Collection, Water
Parcel Number: 71-08-03-107-001.000-026
Property Location: Near Airport
Township: Portage
Source System Name: C2C
Listed 2024-03-22
$326,000
IRMLS
$326,000
IRMLS
Net Operating Income: 28695
Total Square Feet Living: 2012
Year Built: 1952
Above Grade Finished Area: 2012
Below Grade Unfinished Area: 884
Property Age: 72
Levels or Stories: 2
Structure Type: Fourplex
House Style: Two Story
Total Area Main: 1228
Total Area Sqft: 2896
Total Area Upper: 884
Total Below Grade Area: 884
Year Built: 1952
Above Grade Finished Area: 2012
Below Grade Unfinished Area: 884
Property Age: 72
Levels or Stories: 2
Structure Type: Fourplex
House Style: Two Story
Total Area Main: 1228
Total Area Sqft: 2896
Total Area Upper: 884
Total Below Grade Area: 884
Electric Expense: 4337
Sewer: City
City
Water Sewer Expense: 2720
Sewer: City
City
Water Sewer Expense: 2720
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.