10601 CUNOT CATARACT RD
POLAND, IN 47868
$1,500,000
36 Beds
25 Baths
20,232 Sq Ft
Status Active Under Contract
MLS# 202423104
There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings' roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.
Details for 10601 CUNOT CATARACT RD
$74 / Sq Ft
Central Air
Gas, Forced Air
139 Days on website
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Ron Plecher
RE/MAX Realty Professionals, 812-323-1231
11:56am UTC- 11/10/2024
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About the Zip Code 47868 Neighborhood
Zip Code 47868 is great for those who like quiet surroundings, as the streets are usually very peaceful.
- Overview
- Car friendlyExcellent access to freeways and major arteries, with a vast amount of parking nearby.
- QuietVery few sources of noise nearby, if any.
- GroceriesAt least one grocery store within a 15-minute walk.
- RestaurantsSome restaurants within walking distance.
- Pedestrian friendlyOther transportation modes are needed to reach day-to-day needs.