Greenfield, IN 46140,2142 W US 40
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Greenfield, IN 46140,2142 W US 40
Greenfield, IN 46140,2142 W US 40
Greenfield, IN 46140,2142 W US 40
Greenfield, IN 46140,2142 W US 40
Listed by Ben Crouch • F.C. Tucker Company

$1,300,000

Est. payment /mo

$1,399,900

7.1%
Est.Price: ?

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2142 W US 40 Greenfield, IN 46140

8,504 SqFt

SOLD DATE : 07/31/2024

Key Details

Sold Price $1,300,000

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 8,504 sqft

Price per Sqft $152

Subdivision Metes & Bounds

MLS Listing ID 21944381

Sold Date 07/31/24

Year Built 1942

Tax Year 2023

Lot Size 4.190 Acres

Acres 4.19

Property Description

Here's an amazing opportunity to invest in a fully leased 19 unit rental portfolio, situated on 4.19-acres! This complex is conveniently located just west of Greenfield, a mere 6 miles from Marion County. You'll find a variety of units including 5 doubles, 1 triple & 6 single-family homes. The current owner is fully involved, managing all maintenance & operations. As a result, the units are consistently occupied, and there's typically a waiting list for any vacancies. This property not only exudes a wonderful sense of nostalgia but also holds incredible potential for growth. With below-market rents, there is room for rental increases, allowing you to maximize your investment. from 2012 to 2017, all units have been remodeled. In Dec of 2023 all buildings also received new dimensional shingled roofs.

Location

State IN

County Hancock

Zoning CN

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, Septic System, Well

Parking Type Assigned

Building

New Construction false

Schools

School District Southern Hancock Co Com Sch Corp

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