909 North Knightstown Road
909 North Knightstown Road
$2,700,000
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Description
(16) one bed (20) two bed total of (36) units. Rents approximately $150 below Market. Average unit is lease currently at $593. Roofs all replaced in July 2022. Tenants pay their own utilities (gas and electric). Parking lot resealed July 2022. On Well and Septic. Rents averaging $593 compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer.(16) one bed (20) two bed total of (36) units. Rents approximately $150 below Market. Average unit is lease currently at $593. Roofs all replaced in July 2022. Tenants pay their own utilities (gas and electric). Parking lot resealed July 2022. On Well and Septic. Rents averaging $593 compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer.
- Listed by Hector David Orton • BAFO
Property Details for 909 North Knightstown Road
Architectural Style
Ranch
Subdivision NameNO SUBDIVISION
TownshipAddison
Location
LISTING UPDATED: 08/02/2022 11:27 AM
Property Details for 909 North Knightstown Road
Status | Active |
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MLS # | 21873750 |
Days on Market | 642 |
Taxes | $7,671 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Commercial Units - 5+ |
Year Built | 1979 |
Lot Size | 7.43 AC / 323,650 SF |
County | Shelby County |
Location
Building Information for 909 North Knightstown Road
Stories-Residences36Year Built1979Building Size-Lot Size7.43 AC / 323,650 SF
Payment Calculator
$16,014 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 909 North Knightstown Road
Property History for 909 North Knightstown Road
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 909 North Knightstown Road
Taxable ValueLand$133,800Additions$1,031,400Total$1,165,200
Tax Record2023$18,043 ($1,504 / month)
Home Facts
Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size323,651 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountySHELBYAPN73-07-28-300-014.000-001
Schools near 909 North Knightstown Road
This home is within Shelbyville Central Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 5 |
Rating | School | Distance |
---|---|---|
Coulston Elementary School PublicK to 5 | ||
Shelbyville Middle School Public6 to 8 | ||
Shelbyville Sr High School Public9 to 12 | ||
St Joseph School PrivatePK to 5 |
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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