$ 775,000
202 E 5th ST Fowler, IN 47944
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$ 775,000
Est. payment | /mo
15,560 SqFt
$ 775,000
Est. payment | /mo
15,560 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 15,560 sqft
Price per Sqft $49
Subdivision Fowler
MLS Listing ID 810025
Year Built 1900
Annual Tax Amount $5,350
Tax Year 2023
Lot Size 0.255 Acres
Acres 0.255
Lot Dimensions 88x132
Property Description
***INVESTMENT OPPORTUNITY*** ***PASSIVE INCOME***Looking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With an 8.5% CAP rate, over $100K in capital improvements this year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81% occupancy rate! Increase your earning potential with 100% occupancy rate! Call an agent today!
Location
State IN
County Benton
Interior
Heating Forced Air, Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony
View Y/N true
View true
Building
Lot Description City Lot
Others
Tax ID 04-08-15-223-018.000-004
Acceptable Financing NRA20240912145115224784000000
Listing Terms NRA20240912145115224784000000
Listed by RE/MAX Executives