$1,150,000
$1,250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
6,374 SqFt
SOLD DATE : 12/04/2023
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,374 sqft
Price per Sqft $180
Subdivision No Subdivision
MLS Listing ID 21911301
Sold Date 12/04/23
Tax Year 22
Lot Size 0.350 Acres
Acres 0.35
Property Description
Excellent opportunity to launch or expand your SFR presence in Kokomo, IN w/ this 19 property Portfolio. This diversified &stabilized (with upside) property mix includes 18 Single Family Homes & a Two Tenant Office Property. Fourteen of the eighteen SFRs rent as long term rentals with MTM leases for flexibility. The remaining four rent as short term rentals, but generally have repeat long-term stays. The office building has long term tenants with stabilized leases. A local property manager handles virtually everything for a minimal touch investment.
Location
State IN
County Howard
Zoning C1
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Roof Type Other
Building
Story 2
New Construction false
Schools
Elementary Schools Western Primary School
Middle Schools Western Middle School
High Schools Western High School
School District Western School Corporation
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