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$80,000 (Sold)

507 S Athlone Lane Morocco, IN 47963

  • 4 Beds
  • 1,536 sq. Ft
Property Description
Great opportunity for new investors or experienced landlords. This low maintenance duplex requires minimal time to keep up. The tenants take care of lawn, snow removal and utilities. At this price, cap rate is approximately 11.69%, bringing a good return on your investment. Units are 768 square feet each, on a crawl space. They both feature AC wall units, baseboard electric heat and laundry hook ups. The occupied unit has ceramic kitchen, bath and hall with carpeting in living room and bedrooms. The vacant unit has vinyl kitchen, bath and hall, updated cabinetry. Some newer windows.<span style=font-size: 10pt;=>Vacancy usually low, with 509 recently becoming vacant. Consider investing in this solid income producing duplex. Buyer to verify information, deemed accurate but not guaranteed.</span><div><div><div><br></div><div><br></div><div><br></div><div><br></div></div></div>
Address:507 S Athlone Lane Morocco IN 47963
Status:Sold
Sold On: 4/10/2020
Price:$84,900
Bedrooms:4 Beds
Bathrooms:0
Sq. Feet:1,536
Year Built:1980
Lot Size:0.67
County: Newton
MLS #:465738
Property Type:Income Property

Directions:St Rd 114 and US 41 west to Athlone Lane, north to end until it curves into parking lot, unit is at southern end of street. For sale sign is posted.
Total Sq. Ft. :1,536
Sq. Ft. Source:Assessor
Loan Price
$450
Price And Interest $417/month
Property Tax $0/month
MTG INS $0/month
HOME INS $33/month
Price
$80,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$396 / 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
City:Morocco
Subdivision: Grand Prairie
Zip Code:47963
Total Sq. Ft.:1,536
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Get more information

Listing provided courtesy of RE/MAX Executives.

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.