Excellent investment opportunity with immediate cash flow and upside potential! This 4-unit property near downtown Elkhart offers strong rental income with many major improvements already completed. Updates include a new roof (2024), replacement windows (2023), updated flooring, kitchen improvements throughout, upgraded electrical service with separate meters, a furnace approximately 7 years old, and a water heater approximately 1 year old. Current rents are $635, $650, $585, and $685 per month, providing steady income with room for future growth. Conveniently located near downtown amenities, shopping, dining, and major employers, this property is a great addition to any investor's portfolio. Don't miss this opportunity to own a well-maintained multi-unit property with solid cash flow potential!
Listed By
Broker Name: McKinnies Realty, LLC Elkhart
Broker Contact: Cell: 574-215-9291
Agent Name: Jennea Schirr
Shown By
Broker Title: Cressy & Everett Real Estate
Broker Phone:
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Estimated Payment
$ 943.30 per month $890.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.47 Homeowner's InsuranceSend an email with a link to
415 N 2nd Street, Elkhart, IN 46516.
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