5 Unit Property in Hartford City, IN

[Ryan Kramer]

5 Unit property for sale in Hartford City, IN

$189,900

100% occupancy ($455 x4 $440 x1)

Well designed, quality brick construction investment property featuring 5 apartments, 6 garage bays, and 2 parcels on 1.6 acres of ground zoned R-3. Great view of the golf course and room to build. Four 2 bedrooms and one 1 bedroom units. Laundry for the two upstairs units have access to pay laundry below. One story building units all have laundry hook-ups. Owner has kept the rent rates low due to having good tenants. As of 7/19/19, all units are rented with 2 in leases and 3 month to month post their 1 year leases. Water softeners are rented at $83 a month and services all units except unit d that does not have a softener. Tenants provide their own salt. Electric is in tenants names. Landlord pays water bills , but gets reimbursed by tenants. Rent amounts include $30 for each unit to use one bay of garage.