1831 N C Street, Elwood, IN 46036

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$179,900

bedrooms

bathrooms

square feet

Acreage

0.2

Open Houses

year built

1908

Full Baths

Half Baths

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Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.

Location
Subdivision	No Subdivision
County	Madison
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 21961096

Listing agent: Albert Stancato #RB16000255

Listing broker: Highgarden Real Estate (317) 280-4663

Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:37 p.m. EDT

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