601 S Walnut Street
Mount Summit, IN 47361
CAP RATE of 9.3%. Turnkey 7-UNIT investment opportunity in this fully occupied, one-level apartment building conveniently located in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a spacious .537 acre lot. Six of the units are 1 bedroom, one-bathroom and approximately 500 SF each. The 7th unit is an efficiency unit with approximately 350 SF of living space. The spacious lot allows for tenant parking on property. Recent updates include a spacious deck for outdoor gatherings, fresh exterior paint, and coin-op laundry machines. Owner pays all utilities and maintenance. Tenant's rights apply. (*interior photos have been digitally altered to remove some personal items)
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agent Name: Jon Kindred
Agency Phone: 317-794-2827
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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601 S Walnut Street | MLS# 202628922
This multi-family property located at 601 S Walnut Street, Mount Summit, IN 47361 is currently listed for sale with an asking price of $475,000. S Walnut Street is located within the Blue River Valley Schools school district. Search Mount Summit real estate on www.coldwellbanker1stchoice.com today.