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4101 S Dixon Road

Kokomo, IN 46902
  • $1,250,000
  • STATUS: Pending
  • ON SITE: 68 Days
  • MLS #: 21911301
Under Contract
UPDATED: 54 min ago
$1,250,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Excellent opportunity to launch or expand your SFR presence in Kokomo, IN w/ this 19 property Portfolio. This diversified &stabilized (with upside) property mix includes 18 Single Family Homes & a Two Tenant Office Property. Fourteen of the eighteen SFRs rent as long term rentals with MTM leases for flexibility. The remaining four rent as short term rentals, but generally have repeat long-term stays. The office building has long term tenants with stabilized leases. A local property manager handles virtually everything for a minimal touch investment.

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© 2023 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or RE/MAX Real Estate Groups.

Based on information submitted to the MLS GRID as of 2023-05-28T21:24:32.093. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.movemuncie.com/homes/137854115
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4101 S Dixon Road Kokomo, IN 46902

  • Price: $1,250,000
  • Status: Pending
  • On Site: 68 Days
  • Updated: 54 min ago
  • MLS #: 21911301
0
Beds
0
Baths
0
½ Baths
0.35
Acres
Neighborhood:
No Subdivision
County:
Howard
Area:
3408 - Howard - Center
Elementary School:
Western Primary School
Middle School:
Western Middle School
High School:
Western High School
School District:
Western School Corporation
Property Description
Excellent opportunity to launch or expand your SFR presence in Kokomo, IN w/ this 19 property Portfolio. This diversified &stabilized (with upside) property mix includes 18 Single Family Homes & a Two Tenant Office Property. Fourteen of the eighteen SFRs rent as long term rentals with MTM leases for flexibility. The remaining four rent as short term rentals, but generally have repeat long-term stays. The office building has long term tenants with stabilized leases. A local property manager handles virtually everything for a minimal touch investment.
Exterior Features

Parking Features Common Road Access County Rd Road Surface Type Asphalt Roof Other

Interior Features

Building Area Total 6374

Property Features

Acres 1/4-1/2 Acre Current Financing Cash Only Current Use Office Disclosures Not Applicable Divisible No Expenses 10432 Green Certification YN No Multi Tenants Yes Net Operating Income 10486 New Construction YN No Number Of Units Total 19 Owner Pays InsuranceTaxesSewerWater Possession Closing Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 283 Solid Waste No Space Available 0 Special Listing Conditions As Is Sprinkler Wet Tax Exemption None Tax Year 22 Tenant Pays Cable TvElectricityGasInsuranceTrash CollectionOther Township Center Transaction Type Sale Utilities Electricity Connected Zoning C1

Listing provided courtesy of Kaiser Real Estate Corp.: jhines@northerncommercial.com. © 2023 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2023 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or RE/MAX Real Estate Groups.

Based on information submitted to the MLS GRID as of 2023-05-28T21:24:32.093. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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RE/MAX Real Estate Groups
2200 W. McGalliard Road
Muncie IN, 47304