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$532,500 (Sold)

229 W Jackson Boulevard Elkhart, IN 46516-3054

  • 15 Beds
  • 16 Baths
  • 13,120 sq. Ft
Property Description
A wonderful investment opportunity to own a larger apartment building in downtown Elkhart. This wonderfully preserved and updated apartment building has 16 units and historically maintains near 100% occupancy. There are 4 studio apartments, 9 one bedrooms, and 3 two bedroom units. The units are spacious and well maintained. The current owner pays all utilities, but the units are individually metered and the new owner could transition the leases so the tenants pay utilities.
Address:229 W Jackson Boulevard Elkhart IN 46516-3054
Status:Sold
Sold On: 4/14/2020
Price:$575,000
Bedrooms:15 Beds
Bathrooms:16 Full Baths
Sq. Feet:13,120
Year Built:1920
Lot Size:0.31
County: Elkhart County
Township: Concord
School System : Elkhart Community
MLS #:202000765
Property Type:Apartment Building

Lot Dimensions:82 x 165
Directions:From Main St head west on Jackson. Property is on the left at corner of 3rd st and Jackson.
Total Sq. Ft. :13,120
Basement:Yes
Loan Price
$3,695
Price And Interest $2,778/month
Property Tax $695/month
MTG INS $0/month
HOME INS $222/month
Price
$532,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$695/month
Home Owner Insurance
$2,664 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
5th Bedroom 16 x 16 Info Not Available
Annual Property Tax:$4,168
Tax Year:2018
City:Elkhart
Subdivision: None
Zip Code:46516-3054
School System:Elkhart Community
High School:Elkhart Central
Middle School:North Side
Elementary School:Beardsley
Total Sq. Ft.:13,120
Connie Shaffer, REALTOR®/Broker, F. C. Tucker Company, Inc.
Connie Shaffer
Additional Phone (574) 245-5040

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Listing provided courtesy of RE/MAX Oak Crest - Elkhart.

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, Inc. 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.