913 South Main Street

Elkhart, IN 46516

$650,000
Price
9
Beds
7
Baths
4,656 Sq. Ft.
$140 / Sq. Ft.
4,656
Sq. Ft.
$140
per Sq. Ft.

Description

Add to your investment portfolio! 7 unit building close to downtown Elkhart with the possibility of 2 more units! This building consist of a mix of 2 Studios, 3 one bedrooms and 2 two bedroom apartments! Each unit includes the essential appliances such as refrigerator, stove and their own electric heat unit. Building underwent renovations in 2021 including new roof, flooring, fresh paint, lighting, electrical, plumbing, all new insulation in the walls, new drywall, windows, cabinets and countertops...Add to your investment portfolio! 7 unit building close to downtown Elkhart with the possibility of 2 more units! This building consist of a mix of 2 Studios, 3 one bedrooms and 2 two bedroom apartments! Each unit includes the essential appliances such as refrigerator, stove and their own electric heat unit. Building underwent renovations in 2021 including new roof, flooring, fresh paint, lighting, electrical, plumbing, all new insulation in the walls, new drywall, windows, cabinets and countertops resulting in a modern and attractive living space. The basement of the building was approved through zoning for 2 more 2 bedroom apartments. Work has not been started on this. 4 Garages that are newly redone with new paint and garage doors. Two of the garages are currently rented. Some apartments come with washer/dryer hook-ups
  1. Listed by Michelle Bordeau • SUNRISE Realty

Property Details for 913 South Main Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes

Location

Listing Courtesy of SUNRISE Realty
Add your commute
LISTING UPDATED: 11/02/2023 01:31 PM

Property Details for 913 South Main Street

StatusActive
MLS #202337586
Days on Market203
Taxes$2,058 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Sevenplex
Year Built1875
Lot Size0.20 AC / 8,712 SF
CountyElkhart County

Location

Listing Courtesy of SUNRISE Realty
Add your commute

Building Information for 913 South Main Street

Stories2Residences7Year Built1875Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$3,719 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$172

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 913 South Main Street

Summary
Location and General Information
  • Area: Elkhart County
  • City: Elkhart
  • Zip Code: 46516
  • State: IN
  • Township: Concord
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Fips Code: 18039
  • Directions To Property: South on Main St, building is on the west side of the road.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2022
  • Parcel Number Id: 20-06-08-230-016.000-012
School Information
  • School District: Elkhart Community Schools
  • Elementary: Mary Beck
  • Middle School: North Side
  • High School: Elkhart
Parking
  • Number Of Parking Spaces: 7
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Sevenplex
  • Approx Lot Size Acres: 0.2
  • Lot Dimensions: 131 x 66
  • Below Grade Unfin Sqft: 2124.0
  • Total Square Feet: 6780.0
  • Approx Lot Size Sqft: 8712.0
  • Above Grade Finished Sqft: 4656.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 2124.0
  • Total Finished Sqft: 4656.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Other
Property and Assessments
  • New Construction: No
  • Year Built: 1875
  • Age: 148
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Porch Covered
  • Exterior: Brick, Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 8
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 7
  • Number of Refrigerators: 7
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: None
  • Flooring: Vinyl
  • Heating/Fuel: Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 9
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 9
  • Total Number of Full Baths: 7
  • Total Number of Half Baths: 0
  • Total Baths: 7
  • Number Total Rooms Below Grade: 19
  • Num Of 1 Bedrooms: 3
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 2
  • Num of Units Rented: 6
  • Number of Units: 7
Income & Expenses Information
  • Annual Electric Expense: $1,616.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $77,400
  • Annual Insurance Expense: $3,472
  • Annual Maint. Expense: $0
  • Annual Misc: $7,740
  • Annual Net Income: $60,035
  • Annual Property Tax: $2,058
  • Annual Trash Expense: $840
  • Annual Water/Sewer Exp: $1,639
  • Gross Monthly Income: $6,450
  • Gross Monthly Rent: $6,450
Unit Information
Unit 1
  • Unit 1-Currently Rented: Yes
  • Unit 1-Lease Exp Date: 02-16-2024
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 100
  • Unit 1-Unit Rent $: $1,000
Unit 2
  • Unit 2-Currently Rented: Yes
  • Unit 2-Lease Exp Date: 01-13-2024
  • Unit 2-Level: Upper
  • Unit 2-Unit Number: 200
  • Unit 2-Unit Rent $: $850
Unit 3
  • Unit 3-Currently Rented: Yes
  • Unit 3-Lease Exp. Date: 12-31-2023
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: 201
  • Unit 3-Unit Rent $: $850
Unit 4
  • Unit 4-Currently Rented: Yes
  • Unit 4-Lease Exp Date: 10-31-2023
  • Unit 4-Level: Main
  • Unit 4-Unit Number: 100
  • Unit 4-Unit Rent $: $1,000
Unit 5
  • Unit 5-Currently Rented: Yes
  • Unit 5-Lease Exp Date: 01-30-2024
  • Unit 5-Unit Number: 200
  • Unit 5-Unit Rent $: $650
Unit 6
  • Unit 6-Currently Rented: Yes
  • Unit 6-Lease Exp Date: 12-31-2023
  • Unit 6-Level: Upper
  • Unit 6-Unit Number: 201
  • Unit 6-Unit Rent $: $850
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Electric, Lawn Maintenance, Maintenance, Snow Removal
  • Tenant Pays: Electric, Water

Property History for 913 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 913 South Main Street

Taxable ValueLand$13,200Additions$96,100Total$109,300
Tax Record2022$3,296 ($275 / month)
Home Facts
Beds7Baths1Total Finished SqFt4,656 SqFtAbove Grade Finished SqFt4,656 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1875ZoningZO01CountyELKHARTAPN20-06-08-230-016.000-012

Schools near 913 South Main Street

This home is within Elkhart Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 2 to 12
Public - 9 to 12
Rating
School
Distance
Beck Elementary School
PublicPK to 6

North Side Middle School
Public7 to 8

Elkhart Alternative Education
Public2 to 12

Elkhart Central High School
Public9 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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913 South Main Street is a multi-family home for sale in Elkhart, IN 46516. This property was listed for sale on October 12, 2023 by SUNRISE Realty, it's currently listed at $650,000. This listing's school district is Elkhart Community Schools. Nearby schools include Beck Elementary School, North Side Middle School and Elkhart Alternative Education. 913 South Main Street is a 9-bed, 7-bath, 4,656 sqft multi-family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SUNRISE Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.