601 South Walnut Street
601 South Walnut Street
$450,000
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Description
Great investment opportunity in this 7 unit, one-level apartment building in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a .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. Owner pays all utilities and maintenance. Tenant’s rights apply. Potential ROI is 8.2%.Great investment opportunity in this 7 unit, one-level apartment building in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a .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. Owner pays all utilities and maintenance. Tenant’s rights apply. Potential ROI is 8.2%.
- Listed by Jon Kindred • F.C. Tucker/Crossroads Real Estate • jon.kindred@talktotucker.com
Property Details for 601 South Walnut Street
Architectural Style
Ranch
Subdivision NameBRINSONS
TownshipPrairie
Location
LISTING UPDATED: 12/14/2022 05:07 PM
Property Details for 601 South Walnut Street
Status | Active |
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MLS # | 21886605 |
Days on Market | 505 |
Taxes | $780 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Commercial Units - 5+ |
Year Built | 1960 |
Lot Size | 0.54 AC / 23,391 SF |
County | Henry County |
Location
Building Information for 601 South Walnut Street
Stories-Residences7Year Built1960Building Size-Lot Size0.54 AC / 23,391 SF
Payment Calculator
$2,586 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 601 South Walnut Street
Property History for 601 South Walnut Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 601 South Walnut Street
Taxable ValueLand$27,000Additions$56,300Total$83,300
Tax Record2022$1,252 ($104 / month)
Home Facts
Baths1Total Finished SqFt936 SqFtAbove Grade Finished SqFt936 SqFtStories1Lot Size196,935 SqFtStyleMobile / Manufactured HomeYear Built1987CountyWAYNEAPN89-08-27-340-103.000-015
Schools near 601 South Walnut Street
This home is within Blue River Valley Schools.
Rating | School | Type | Grades | Distance |
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Public - | PK to 6 | |||
Public - | 7 to 12 |
Rating | School | Distance |
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Blue River Valley Elementary School PublicPK to 6 | ||
Blue River Valley Jr-Sr High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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