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$135,000 (Sold)

2708 Brown Street New Castle, IN 47362

Property Description
INVESTMENT OPPORTUNITY. Storage units with potential 15% ROI. 15 units are currently rented. Property features an 880 SF one bedroom apartment that is also rented at $600 per month (tenant pays utilities). Apartment rental includes a 20 x 20 storage unit. Owner also uses a 20 x 20 storage unit. ROI of 15% is based on the owners unit being rented at $150 per month. Total unit count is (9) 10’x20’ , (5) 10’x10’ , (2) 20’x20’ , (2) 12’x24’. Seller will install black metal roof (not standing seam) prior to closing above apartment unit. Business name is not included with sale.
Address:2708 Brown Street New Castle IN 47362
Status:Sold
Sold On: 6/30/2021
Price:$139,200
Bathrooms:0
Year Built:1994
County: Henry
Township: Henry
MLS #:21781551
Property Type:Industrial

Road Frontage:CityStreet
Road Access:CityStreet
Road Surface:Asphalt
Zoning:commercial
Building Utilities:Municipal Sewer Connected, Municipal Water Connected
Directions:From State Roads 3/38, E on 38 (Broad St) to 21st, N to Spring, E to Brown, continue east to property on left
Loan Price
$898
Price And Interest $704/month
Property Tax $138/month
MTG INS $0/month
HOME INS $56/month
Price
$135,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$138/month
Home Owner Insurance
$672 / 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
Semi-Annual Property Tax:$826
Tax Year:2022
Financial Disclosures:VA-Owned
Other Disclosures:None
Area: 3307 - Henry - Henry
Zip Code:47362
Jon Kindred, REALTOR®/Broker, F. C. Tucker Company, Inc.
Jon Kindred
Phone (765) 465-9409
Additional Phone (765) 521-9464
F.C. Tucker Company, Inc
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Listing provided courtesy of F.C. Tucker/Crossroads Real Estate.

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.