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$599,000

7045 Corydon Junction Road NE New Salisbury, IN  47161

  • 8 Beds
  • 4 Baths
  • 3,600 sq. Ft

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Property Description for 7045 Corydon Junction Road NE New Salisbury, IN 47161

Calling All Investors!! Great investment opportunity!! QUAD-PLEX MULTI-FAMILY APTS COMPLETELY RENTED OUT & RENOVATED FROM THE GROUND UP in 2022! This is a Must See and has GREAT income, with potential for continued increase! Located in the Center of Corydon Junction, this 3,600 Total Sq Ft Building is divided into four unique layouts (two upper and two lower), and each unit features two Bedrooms and one Full Bath. GOI of $4,250 currently, and NOI of $3,287. Listed at under a 6 CAP RATE - very hard to find! Landlord pays $30 electric, $150 water & sewer, $75 Trash, $100 Mowing, $80 Upkeep (On high side), $250 for insurance, and $278 in property taxes (Buyer is to verify what property taxes will be for them in their specific situation). All include LVP Flooring throughout, Full Kitchens, Washer-Dryer Hookups, Refrigerators, Dishwashers (in 3 of the 4 Units) Amenities include separate HVAC Systems and Water Heaters, Ceiling Fans, Energy Efficient Vinyl Windows. New Roof, New Gutters, New Paint and Trim inside, all completed in 2022. This investment comes with a Transferrable Acculevel Warranty.Plenty of parking for each unit and additional off-street parking available for guests. Additional photos are available, contact us for more information.

Address:7045 Corydon Junction Road NE New Salisbury IN 47161
Status:Active
on site: 85 days
Price:$599,000
Bedrooms:8 Beds
Bathrooms:4 Full Baths
Sq. Feet:3,600
Year Built:1900
Lot Size:0.37
County: Harrison
Township: Jackson
MLS #:202405596
Property Type:Residential

Lot Dimensions:15977.81
Road Surface:Paved
Zoning:Multi Family
Water Source:Connected, Public
Directions:I-64 West to Corydon, North on SR-135, LEFT on Corydon Junction (approx. 1/4 mile), property is on the LEFT. Alt. Route: I-64 West to Georgetown Exit, RIGHT on SR-64 into New Salisbury. LEFT on Hwy 135, RIGHT on Trestle Rd. LEFT on Corydon Junction.
Upper Level Sq. Ft. :3,600
Total Sq. Ft. :3,600
Sq. Ft. Source:Assessor

Loan Price
$3,514
Price And Interest $3,125/month
Property Tax $139/month
MTG INS $0/month
HOME INS $250/month
Price
$599,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$139/month
Home Owner Insurance
$3,000 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Other Second
LivingRoom Second
Kitchen Second
FullBath Second
PrimaryBedroom Second
Bedroom Second
Other Second
LivingRoom Second
Kitchen Second
FullBath Second
Bedroom Second
Bedroom Second
Other First
LivingRoom First
Kitchen First
FullBath First
Bedroom First
Bedroom First
Other First
LivingRoom First
Kitchen First
FullBath First
Bedroom First
Bedroom First

Semi-Annual Property Tax:$834
Mandatory HOA Fee:$

Zip Code:47161

Total Sq. Ft.:3,600
Interior Features:CeilingFans
Appliances:Dishwasher, Oven, Range, Refrigerator
Exterior Type:Block, Frame, Concrete
Cool:CentralAir
Heat:ForcedAir
Total Rooms:24
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 7045 Corydon Junction Road NE New Salisbury, IN  47161


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Listing provided courtesy of Jared Housier with Southern Homes Realty

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.



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