*Multiple Offer Deadline - 4/23/26 10pm, Response 4/24/26*Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. With a pro forma gross annual income exceeding $80,000, this property is well-positioned for growth. The building includes 9 leased units, 1 owner-occupied unit, and 2 vacant units in need of improvements for occupancy?providing immediate value-add potential. Recent electrical improvements allow for future separation of utilities, offering a path to reduced expenses and increased NOI. Additional features include a pole barn, a durable rubber roof, and a boiler approximately 8"10 years old. Ideal for a buy-and-improve investor focused on building equity and maximizing returns.
Listed By
Agency Name: RE/MAX Results
Agency Contact: Office: 574-533-9581
Agent Name: Steve Miller
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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701 W Beardsley Avenue | MLS# 202613609
This multi-family property located at 701 W Beardsley Avenue, Elkhart, IN 46514 is currently listed for sale with an asking price of $499,000. W Beardsley Avenue is located within the Elkhart Community Schools school district. Search Elkhart real estate on www.coldwellbanker1stchoice.com today.