2976 N SCATTERFIELD ROAD Anderson, IN 46012 | Vermillion Heights | Residential Income | Fourplex

$1,300,000

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Description

Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for residences. Well-maintained and operated by current owner.

Property Details

List Price $1,300,000 List Date 2024-06-11 MLS ID MBR21984509 Status Active Property Type Residential Income Property Sub Type Fourplex County Madison

structure

Total Baths 0 carport spaces 1.0 Features Exterior Lighting levels Two living area source Assessor living area units Square Feet new construction y n No property attached y n No property condition Updated/Remodeled roof Membrane year built 1975

characteristics

current use Apt<20, Multi-Family, Medical/Dental Acres 1 lot size area 1.0 Lot SqFt 43560.0 lot size units Acres # of Units 10 road surface type Asphalt, Concrete

school

middle or junior school Highland Middle School

tax

parcel number 480731200069000029 tax legal description Vermillion Hts Rp Pt 0.0000Acres Str: 00000 Section: Plat: 00 In: Out: tax lot 023 tax year 2023

financial

insurance expense 270.0 net operating income 8455.0 owner pays All Utilities, Cable TV, Electricity, Insurance, Lawncare, Sewer, Trash Collection, Water

contract

current financing Exchange - 1031, Conventional foreclosure y n No short sale y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type %
This listing was last updated on 6/11/2024 7:05:58 PM (UTC)


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