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$98,500 (Pending)

120 N Commerce Street Portland, IN  47371

  • 7 Beds
  • 9 Baths
  • 4,200 sq. Ft

Property Description for 120 N Commerce Street Portland, IN 47371

What an investment opportunity we have here! This is a downtown, multi use commercial and residential apartment building. This income producing property features two commercial units on the ground floor with seven one bedroom apartments on the upper levels. It generates great cash flow and has a solid occupancy history. Tenants pay all utilities except water, trash, and sewage. Financials available upon request.

Address:120 N Commerce Street Portland IN 47371
Status:Pending
on site: 466 days
Price:$98,500
Bedrooms:7 Beds
Bathrooms:7 Full Baths, 2 Half Baths
Sq. Feet:4,200
Year Built:1918
Lot Size:0.13
County: Jay County
Township: Wayne
School System : Jay
MLS #:202301276
Property Type:Apartment Building

Lot Dimensions:x
Directions:Northeast on highway 67, right on W Water street, Left on N Commerce Street
Total Sq. Ft. :4,200
Basement:No

Loan Price
$555
Price And Interest $514/month
Property Tax $0/month
MTG INS $0/month
HOME INS $41/month
Price
$98,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$492 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
2nd Bedroom null x 300 Info Not Available
3rd Bedroom null x 8 Info Not Available
Kitchen 300 x 300 Info Not Available
Family Room 300 x 300 Info Not Available

Semi-Annual Property Tax:$000
Tax Year:2022
Mandatory HOA Fee:$

Subdivision: Other
Zip Code:47371

School System:Jay
High School:Jay County
Middle School:Jay County
Elementary School:East Jay

Total Sq. Ft.:4,200
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 120 N Commerce Street Portland, IN  47371


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Listing provided courtesy of Matt Tarter with Tarter Realty Auction and Appraisal Company

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Portland Market Report

116
Avg. DOM
$111.37
Avg. $ / Sq.Ft.
$ 235,000
Med. List Price

The house prices in Portland are not dropping at the moment. There has been a increase in price of $26,687.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Portland are going Up. The average house price is $295,000.00 and the average price per square feet is $107.65 per square feet. At the moment, the amount of homes listed is exactly 72 houses, with 7 with active status, 15 with pending status and 50 sold in Portland .

The most popular place to buy a home in Portland is 3807 - Jay - Wayne. 3807 - Jay - Wayne is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Portland .

The average amount of property taxes you would have to pay for a home in Portland is $1,204.79. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Portland are staying listed for an average of 63 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Portland was 1206 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Portland is $424,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Portland is $67,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Portland in year 1885 and the newest built house is in year 2004.

The average size of properties in Portland is 2427 sq.ft. , the biggest one being 4296 sq.ft. and the smaller being 968 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.