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605 Marsha Court

Kokomo, IN 46902
  • $4,400,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 202219948
UPDATED: 59 min ago
$4,400,000
  • 0
    BEDS
  • 2.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 36,000
    SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Calling Investors interested in earning $54,030.00 a month, and $648,360.00 a YEAR! CASH FLOW! This property is a quaint community comprised of four two-story multifamily buildings sitting on 2.44 acres. The unit mix consists of 1 and 2 bedroom units, most units have upgraded flooring and paint throughout 33 one bedroom/one bathroom, and 30 two bedroom/one bathroom garden style apartments. One Bedrooms are currently rented at $650.00 a month for Rent, 2 Bedrooms are rented for $750.00 and ALL unit monthly fees include a $160.00 a month in Community Utility charges. The community amenities include private patios or balconies as well as a laundry facility. The units offer air conditioning, frost-free refrigerators, stove, dishwashers, ceiling fans and fireplaces. Property includes onsite UPDATED laundry mat for additional income for the new owner. Property is located in the southern portion of Kokomo, Indiana which is approximately 30 miles north of Indianapolis. The property enjoys a secluded setting yet is just minutes away from the citys most popular retail destinations

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Natasha Hernandez Team | Keller Williams. Data last updated: 2022-07-06T20:27:58.413.

www.natashahernandez.com/homes/129060039
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605 Marsha Court Kokomo, IN 46902

  • Price: $4,400,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 59 min ago
  • MLS #: 202219948
0
Beds
0
Baths
0
½ Baths
2.5
Acres
36,000
SQFT
$122
$/SQFT
1977
Built
Neighborhood:
Terrace Meadows
County:
Howard
Area:
Howard
Property Description
Calling Investors interested in earning $54,030.00 a month, and $648,360.00 a YEAR! CASH FLOW! This property is a quaint community comprised of four two-story multifamily buildings sitting on 2.44 acres. The unit mix consists of 1 and 2 bedroom units, most units have upgraded flooring and paint throughout 33 one bedroom/one bathroom, and 30 two bedroom/one bathroom garden style apartments. One Bedrooms are currently rented at $650.00 a month for Rent, 2 Bedrooms are rented for $750.00 and ALL unit monthly fees include a $160.00 a month in Community Utility charges. The community amenities include private patios or balconies as well as a laundry facility. The units offer air conditioning, frost-free refrigerators, stove, dishwashers, ceiling fans and fireplaces. Property includes onsite UPDATED laundry mat for additional income for the new owner. Property is located in the southern portion of Kokomo, Indiana which is approximately 30 miles north of Indianapolis. The property enjoys a secluded setting yet is just minutes away from the citys most popular retail destinations
Exterior Features

Construction Type1 Brick Exterior Brick Fire Doors YN Yes Lot Dimensions 500X500 Parking Paved Parking Type Lot Parking YN Yes Road Access City Roof Material Shingle Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 12000 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Bldg2 Above Grd Sq Ft 12000 Bldg2 Below Grd Sq Ft 0 Bldg2 Fin Office Sq Ft 0 Bldg3 Above Grd Sq Ft 12000 Bldg3 Below Grd Sq Ft 0 Bldg3 Fin Office Sq Ft 0 Ceiling Height 8 Column Spacing 2 Cooling Central Air Flooring Vinyl Tile Heating Fuel Gas Interior Height 2 Interior Walls Drywall Special Features 220 Volts Total Restrooms 64

Property Features

Annual Taxes 25000 Auction YN No Buildings 6 Burglar Alarm YN Yes Currently Leased YN Yes Documents Available None Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Gross Monthly Rent 54030 Ingress Egress Asphalt Lease Term Remaining Annual New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Other/Unknown Reo YN No Sale Includes Building Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Howard Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2022

Listing provided by Jerry Morrow of The Real Estate Company: 317-420-4065.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Natasha Hernandez Team | Keller Williams.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Natasha Hernandez Team | Keller Williams. Data last updated: 2022-07-06T20:27:58.413.

 
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The Natasha Hernandez Team | Keller Williams
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Goshen IN, 46562