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201 Michigan Street Street, Walkerton, IN 46574
$175,000
201 Michigan Street Street, Walkerton, IN 46574View this property at 201 Michigan Street Street, Walkerton, IN 46574
201 Michigan Street StreetWalkertonIN46574
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Property Description
Great addition to your investment portfolio! Two Buildings for a total of 5 Units. Value add opportunity with increasing rents and some TLC. Stable, long term tenants in place. Two Units are on Section 8, one year leases, Two Units are Market Tenants on M2M leases. One Unit is Vacant for your choosing. Tenants pay utilities. Owners pay taxes and insurance. Sold As-Is, Seller will not make any repairs. Cash, HM, DSCR, Conventional Pre-Approved Buyers Only. 24 Hours Notice Required.
Full Property Details
Full Property Details for 201 Michigan Street St
General
- Sold For: $175,000
- Taxes: $3,900 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 202329188
- Added to Site: 261 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Brick, Vinyl, Wood
- Color: Brick, Vinyl, Wood
Parking
- Parking: Paved, Private, Street
Location
- Subdivision: 85 X 113
- Neighborhood: St. Joseph County
- Driving Directions: Roosevelt Rd. to stop light to Michigan St.
School Information
- Elementary School: John Glenn School Corp.
- Middle School: Urey
- High School: John Glenn
Heating & Cooling
- Cooling Type: Wall AC
- Heating Type: Forced Air
- Heating Fuel: Forced Air
- Water Heaters: 625
Utilities
- Sewer: City
- # Gas Meters: 6
Structural Information
- Architectural Style: One Story
- Exterior Const.: Brick, Vinyl, Wood
- Basement Entrance: 46574
- Roof: Rubber, Shingle
- Stories/Levels: 1
- Finished Total: 2 Sq. Ft.
- Finished Above Grnd: 1 Sq. Ft.
Unit Information
- Units in Building: 5
- 2 Bedroom Units: 1
Unit 1
- Square Feet: 520
- Level: Main
- Total Bathrooms: 4
- Bedrooms: 1
Unit 2
- Total Bathrooms: 4
- Bedrooms: 2
Unit 3
- Unit Description: Greater South Bend-Mishawaka AOR
- Square Feet: 3066
Unit 4
- Level: Main
Unit 5
- Bedrooms: 1
Unit 6
- Bedrooms: 5
Unit 7
- Total Rooms: 4
Unit 8
- Total Bathrooms: 2
Lot Features
- Lot Size (Acres): 0.2205
- Lot Size (Sq. Ft.): 9,605
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $57.08
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $3,900
- Tax Year: 2023
- Terms: Great addition to your investment portfolio! Two Buildings for a total of 5 Units. Value add opportunity with increasing rents and some TLC. Stable, long term tenants in place. Two Units are on Section 8, one year leases, Two Units are Market Tenants on M2M leases. One Unit is Vacant for your choosing. Tenants pay utilities. Owners pay taxes and insurance. Sold As-Is, Seller will not make any repairs. Cash, HM, DSCR, Conventional Pre-Approved Buyers Only. 24 Hours Notice Required.
Disclosures and Reports
- Documents Avail.: LBP Form
Listed by McKinnies Realty, LLC, Natashia Bontrager
Re/Max Oak Crest -Plymouth
Get Pre-Approved Today
Schools
Schools serving 201 Michigan Street St
School District:John Glenn School Corporation
Rating | Name | Grades | Distance |
---|---|---|---|
201 John Glenn Dr, Walkerton, IN 46574 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 Michigan Street St
Date
Details
Price
Change
Source
3/22/2024
Sold
$175,000
-10.26%
MLS
11/21/2023
Price Reduced
$195,000
-2.01%
MLS
9/08/2023
Price Reduced
$199,000
-7.44%
MLS
8/15/2023
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
201 Michigan Street Street, Walkerton, IN 46574 (MLS# 202329188) is a Multi-Family property that was sold at $175,000 on March 22, 2024. Want to learn more about 201 Michigan Street Street? Do you have questions about finding other Multi-Family real estate for sale in Walkerton? You can browse all Walkerton real estate or contact a Coldwell Banker agent to request more information.