202 W Walnut Street South Whitley, IN 46787 Pending

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(260) 301-4399
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Apartment Complex • 55Y Old

For Auction

202 W Walnut Street

6 Bedrooms
6 Bathrooms
3276 sqft
0.22 Acres
Property Description

6 Unit Apartment Complex selling via Online Only Auction on Wednesday, August 21, 2024 -- Bidding begins closing out at 6 pm! Exceptional investment opportunity with this well-maintained 2-building apartment complex, comprising 6 units, each featuring 1 bedroom and 1 bath. With 5 out of the 6 units currently tenant occupied, this property presents a compelling income-generating prospect. The apartment complex offers a solid foundation for long-term returns, with the majority of units already providing a steady rental income. Tenant pays utilities: electric, fuel, heating, sewer, trash collection, water. Whether you're looking to expand your investment portfolio or enter the real estate market, this apartment complex stands as a promising opportunity for those seeking a reliable source of passive income in a thriving rental market. Open House: Monday, August 12th 5:30-6pm

Directions

On the southwest corner of Walnut & SR 14 in South Whitley

Map to 202 W Walnut Street, South Whitley, IN 46787

Property
MLS # 202426892
Date Listed 2024-07-19
Status Pending
Property Type Investment
Property SubType Apartment Complex
Square Feet 3276 sqft
New Construction No
Style One Story
Type Apartment Complex
Bedrooms 6
Bathrooms 6
Year Taxes Payable 2024
Year Built 1969
Virtual Tour propertypanorama.com »
Days on Market 35
Room Dimensions
5th Bedroom 6 × 6 Level
Bathroom Locations
Full Baths 6 Main
External Features
Construction Apartment Complex
Lot Size 9,453 sq ft
Acreage 0.22 Acres
Lot Dimensions 95X95
Fence None
Location
Area Whitley County
County Whitley
Subdivision None
Township Cleveland
City South Whitley
State IN
Zip 46787
Schools
School District Whitko
Elementary South Whitley
Middle School Whitko
High School Whitko
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202426892
Listing Provided Courtesy of Chad Metzger
Metzger Property Services, LLC
chad@metzgerauction.com

Listing updated August 23, 2024 at 10:30 am
Last checked 9 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 202 W Walnut Street

Presented By
Schueler + Beckstedt Real Estate Group
(260) 301-4399
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Schueler + Beckstedt Real Estate Group about your request. Please see our Privacy Policy.