500 Middlebury Street Elkhart, IN 46516

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Triplex • 138Y Old

$140,000

500 Middlebury Street

5 Bedrooms
3 Bathrooms
2592 sqft
0.24 Acres
Property Description

Don’t miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $700,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!

Directions

From Monroe St, E on Middlebury St, home on left.

Map to 500 Middlebury Street, Elkhart, IN 46516

Property
MLS # 202436625
Date Listed 2024-09-21
Status Active
Property Type Investment
Property SubType Triplex
Finished Square Feet 2592 sqft
Total Square Feet 4736 sqft
New Construction No
Style Two Story
Type Triplex
Basement Yes
Bedrooms 5
Bathrooms 3
Year Taxes Payable 23/24
Year Built 1886
Virtual Tour propertypanorama.com »
Days on Market 61
Room Dimensions
Living Room 1 × 1 Level
Family Room 900 × Level
5th Bedroom 3 × 3 Level
Bathroom Locations
Full Baths 5 Main, 17 Upper
Half Baths 856 Lower
External Features
Construction Triplex
Lot Size 10,454 sq ft
Acreage 0.24 Acres
Lot Dimensions 83X127
Fence None
Location
Area Elkhart County
County Elkhart
Subdivision None
Township Concord
City Elkhart
State IN
Zip 46516
Schools
School District Elkhart Community Schools
Elementary Mary Beck
Middle School Pierre Moran
High School Elkhart
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202436625
Listing Provided Courtesy of Stephen DiJulius
St. Joseph Realty Group

Listing updated September 24, 2024 at 12:45 pm
Last checked 14 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 500 Middlebury Street

Presented By
Brandi Osborne
Brandi Osborne
(260) 278-7942
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Brandi Osborne about your request. Please see our Privacy Policy.