$225,000 424 North Lebanon Street Lebanon, IN

MLS: 21752391   Type: Multi-Family   County: Boone   City: Lebanon   Area: 607-boone - Center   Neighborhood: Lane   Zip: 46052   Style: TraditonalAmerican     Stories: 2   Taxes: $1,760

Mortgage $1,056 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

0

0

0

7,187

1900

CASH COW! Move your $$ out of low-interest bank accounts & into real estate to earn $27k+ GOI through this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops, restaurants, library, park & courthouse. Excellent long-term rental history w/ low expense for great cashflow & solid ROI. Main floor features two 2BR apartments that each have access to private, oversized, 1C garages. Upper floor offers two 1BR units. A third garage bay is available & could be leased for more income. Long-term tenants in place, low turn-over rate, professionally managed & could continue to be - this is just such EZ MONEY. All apartments individually metered. Sold w/ tenants' rights. Please do not disturb them!

Elementary School

Middle School

High School

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Price History

11/14/2020 Listed $225,000

Affected by Disclosures 0
Amenities 3CD garage
Arch Style TraditonalAmerican
Area 607 - Boone - Center
Available for Showing 1
BAC Amount BACAmount%
Building Information Smoke Alarm, No Furniture
Building Levels Two
Building Type Fourplex, FreeStand
Contingency Act with no Contingency
Cumulative Days on Market 11
Disclosure Other As-Is
Disclosures Not Applicable
Full Baths 0
Green Certification Yn No
Half Baths 0
Inspection Warranties Other
Laundry Connections None
Listing Type Exclusive Right to Sell
Possession AtClosing, TenantRights
Present Use Apt<20
Property Description CASH COW! Move your $$ out of low-interest bank accounts & into real estate to earn $27k+ GOI through this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops
Property Sub Type 1-4 Units Residential
Property Type Multi-Family
Proposed Use Apt<20
Roof asphalt shingles
School District Lebanon Community
Section 0
Status Active
Subdivision LANE
Tax Year 2019
Township Center
Year Built 1900
Zoning ZO01

Interior Features

Basement 1
Beds Total 0
Number Units Total 4
Total Baths 0.00

Exterior Features

Acres <1/4 Acre
Auto Parking 6
Auto Surface gravel
Exterior Vinyl
Exterior Amenities Driveway Gravel
Foundation Basement-Block, Full
Lot Information Access Alley, Corner, Curbs, Sidewalks, Storm Sewer
Lot Size 60x120
Numberof Carports 0
Numberof Garages 3
Road Access Frontage Road, CityStreet
Road Surface Asphalt
Unit Parking Parking Lot, Other

Property Schools



Direct Link:

https://www.indyplusrealtygroup.com/property/116-21752391-424-North-Lebanon-Street-Lebanon-IN-46052

Gallery (15 photos)

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Property vs Zip Code Avg (46052)

Price 225K Avg 218K

Taxes $1,760 Avg $2,504

Acres 0.165 Avg 0.19

Visits 4 Avg 9

Days on Site 15 Avg 39

Walkscore® 76 Avg 64

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Jennifer Blandford with Carpenter, REALTORS®




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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN
317-476-5805