5260-70 Mulberry Avenue, Portage, IN
Multi-family for Sale - $1,400,000 - 19,000 Sq. Ft. on 2 acres
Property Info
| CIMLS# | 145508 |
| Location 5260-70 Mulberry Avenue Portage IN 46368 | |
| Updated | August 30th, 2011 |
| Type | Multi-family |
| Price | $1,400,000 |
| Building | 19,000 Sq. Ft. |
| Land | 2 acres |
Property Description
1 6 unit townhome style building built in 1960. 1 8 unit 2 story building built in 1992, and 1 8 unit 2 story building built in 1993. Garage and Laundry area built 1993. Newer roof on 1960 building, 12 yr old roofs on newer buildings. Tile floors during tenant changes. Neutral colors and appliances throughout. Furnances and water heaters updated as needed. Street view available on Google. Thanks for looking.
Financials
Great cashflow, room for rental increases. Income includes approx $2000 per year of leased laundry equipment. Currently maint personel rent an apt at reduced rate.