Attention Investors! Turnkey income producing property. There is an Annual net income of$45, 460on this mixed use property. There are 12 units. In the front building there are 2 retail units-one is a salon ($650/mo rent) that has been rented for 7 years, the other could be an office or easily converted into an apartment. Sellers have a bid of$10, 000to convert to a residential apartment (rent to be $900/mo). There is also a studio ($700/mo rent) and a 2 bedroom ($1100/mo rent) apartment in this building. In the rear building there are 8 efficiency apartments, some with long term tenants. These rent for $400/month. There is a 9thefficiency space that is used as the maintenance room. A storage shed is located next to the efficiencies.
Property Includes
Storage
Oven
Covering Floor Carpet
Covering Floor Tile
Covering Floor Vinyl
Heating Baseboard
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The average household income in
New Haven, IN
grew
from
$46,691
to
$47,649
in the past year. This data is an estimate based upon
6,083
households in
New Haven, IN. The chart below presents how household income is distributed in
New Haven, IN
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
New Haven, IN
compared to median property taxes around the country. The prevalent amount of property taxes in
New Haven, IN
equals
<$800
, which is
more
than the national average.