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Waldroup Team
Waldroup Team

302 W State Street

Princeton, IN 47670 View Map $95,000 Schedule a Showing
Beds6
Baths6
Sq.Ft.3,899
Year1901
Anita Waldroup

Anita Waldroup

(812) 664-7202
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Status: Pending
Property Type:Sixplex
MLS #:201923888
Sq. Feet:3,899
On Site:15 Days
Lot Size:0.22 Acres
County:Gibson
This 6 plex apartment building is a great Investment Opportunity. Whether this would be your first apartment complex to purchase and manage or you are an experienced landlord, this can be a terrific investment. Current Owners have owned since 1988 and have taken great pride in this complex. Six one bedroom apartments each having their own private bath and kitchen. Roof: Dimensional Shingles & all decking were replaced in 2017, Unit 5 has 3 Tab Shingles inspected in 2017 still in good condition Owner does not know the age of the 3 Tab, Unit 6 has a 1 year old rubber roof. Property being Sold-As, but Buyers can have inspections for their own knowledge. Property Taxes are $1658 a year.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:302 W State Street Princeton, IN 47670
County:Gibson
City:Princeton
Township:Patoka
Zip Code:47670
Neighborhood:SIAR

School Information

School System:North Gibson School Corp.
High School:Princeton
Middle School:Princeton
Elementary School:Princeton

Architecture

Bedrooms: 6
Bathrooms: 6
Year Built:1901
Stories:2
Style:Two Story
Above Grade Bedrooms: 6
Unit 1 Bedrooms: 1
Unit 1 Bathrooms: 1
Unit 2 Bedrooms: 1
Unit 2 Bathrooms: 1
Unit 3 Bedrooms: 1
Unit 3 Bathrooms: 1
Unit 4 Bedrooms: 1
Unit 4 Bathrooms: 1
Unit 5 Bedrooms: 1
Unit 5 Bathrooms: 1
Unit 6 Bedrooms: 1
Unit 6 Bathrooms: 1
Roof: Rubber, Shingle
Basement: Partial Basement, Outside Entrance Only, Unfinished Basement
Parking: Street

Features / Amenities

Sale Includes: Building, Land, Lease
Flooring: Carpet
Exterior: Aluminum, Stone
Lease Term: 1 Year
Heating: Gas
Cooling: Central Air, Window

Square Footage

Finished Sq. Ft.
Above Grade 3899
Below Grade 0
Total 3899

Property Features

Lot Size: 0.22 Acres
Lot Dimensions:70 X 140
Lot Description: Corner, Level
Exemptions: No Exemptions
Location: City/Town/Suburb
Outbuilding 1: Shed
Water: City
Sewer: City
Road Surface: Paved
Road Access: City
Directions:E On Broadway, N on West St, On RT (Corner of West & State)

Tax and Financial Info

Year Taxes Payable: 2019
Gross Monthly Income: 2835
Rent Income: 34020
Gross Monthly Rent: 2835
Net Income: 28839
Owner Pays: Building Insurance, Maintenance, Water
Tenant Pays: Cable, Electric, Fuel
Available Documents: Legal Description
Annual Water Sewer Expense: 1920

Schools

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302 W State Street Princeton, IN 47670
 
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Listing Information Last Updated 6/25/2019
Listing provided courtesy of Anita Waldroup, F.C. TUCKER EMGE REALTORS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Princeton Office include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.