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2402 State Road 427, Waterloo, IN 46793

$208,000
Last sold 08/31/2023 for $98K
5
bed
2
bath
2,340
Sqft

Multi-family not for sale

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About 2402 State Road 427

Property type Multi-family

Neighborhood

Year built 1954

HOA fee $0/month

Lot size 0.5 Acre

Movoto estimate

Parking 8 garage spaces

Property description

Back on Market! Cash or Conventional loans only! Fully occupied duplex! 1170 sq ft per level! Built with concrete block foundation. Newer replacement windows and doors. Each unit has it's own propane furnace. (tank rented thro propane people and on a budget). Water softener in basement due to well water. This parcel itself has lots of room to add on or build another unit on. Upper unit is a 3 bedroom, 1 bath recently refreshed and rented at $ 635.00 per month plus utility reimbursements. Lower unit is a 2 bedroom 1 bath that is recently refreshed and rented at $ 650.00 a month plus utility reimbursements. Require 48 hour notice for showings to give tenants proper notice.

Listed by

Listing Agent - Tammie L Jones

Listing Office - Open Door Rentals and Real Estate

Source: IRMLS

MLS#202321676 • last updated 2 years ago

Movoto checked IRMLS for data 2 minutes ago

Overview
Cooling/AC	Window
Heating	Propane, Forced Air
Levels/Style	2, Two Story
Status	Sold
MLS #	202321676
Virtual Tour	N/A
Type	INVESTMENT
SubType	Duplex
SqFt (Total)	3510
SqFt (Finished)	2340
Lot Size (SqFt)	21780
L:ot Size (Acres)	0.5
Property Taxes	1757.58
Foreclosure (Y/N)	No
Year Built	1954
Short Sale (Y/N)	No
HOA Fees $	Not Applicable
Number of Units	2

Interior
Total # Bathrooms	2
# Full Baths	2
Total # Bedrooms	5
Basement	Block, Poured Concrete
Flooring	Carpet, Laminate

Exterior
Roof	Metal
Exterior	Block, Vinyl
Basement/ Foundation	Full Basement
Parking	Gravel
Lot Dimensions	0x0
Other Structure(s)	Shed
Lot Desc	Corner

Amenities / Utilities
Sewer	Septic
Water	None, Well
Amenities	Basement, Ceiling Fan, Off Street Parking, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Water Heater Electric, Sump Pump

Location
Location	Rural
Area	Dekalb County
Subdivision	None
High School	Dekalb
Middle School	Dekalb
Elementary School	Waterloo
School District	Dekalb Central United
APN	17-02-35-300-002.000-018
Waterfront Y/N	No
Directions	ST RD 427 NORTH OF WATERLOO TO WHERE IT SPLITS TO 27 RIGHT AT THAT INTERSECTION

Multifamily Details
Owner Pays	Building Insurance, Lawn Maintenance, Tax, Water Softener
Tenant Pays	Cable, Cooling, Electric, Fuel, Heating, Snow Removal, Trash Collection, Water Softener
Annual Net Income	12991.42
Gross Monthly Rent $	1285
Annual Gross Rent $	15420