For more information regarding the value of a property, please contact us for a free consultation.
19022 4th Street New Paris, IN 46553
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202526099
Year Built 1970
Annual Tax Amount $4,500
Tax Year 2025
Lot Size 0.680 Acres
Property Sub-Type Mixed Use
Property Description
This exceptional multi-unit property offers an ideal investment in Elkhart County. The property consists of 11 units, combining for a total of 17 bedrooms and 11 bathrooms. The property is fully leased, providing stable cashflow with current rental income of $8,650 per month with room to improve! This property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential! Several units were renovated in 2024 in addition to the boiler, water softener & well pump being updated since 2020. All electric is sub-metered per unit with a natural gas boiler for radiant heat throughout.
Location
State IN
County Elkhart County
Area Elkhart County
Zoning R-4 Residential Mixed Use Residential District
Interior
Flooring Carpet, Vinyl
Exterior
Fence None
Roof Type Asphalt,Shingle
Building
Story 2
New Construction No
Read Less

IDX information provided by the Indiana Regional MLS
Bought with Carlos Avelar • Fenix Realty, LLC
GET MORE INFORMATION

- Hot Sheet HOT
- South Bend, IN
- Notre Dame, IN
- Granger, IN
- Mishawaka, IN
- Elkhart, IN
- Bristol, IN
- Goshen, IN
- Osceola, IN
- Homes for sale in South Bend 46617
- Homes for sale in South Bend 46637
- Homes for sale in Elkhart 46514
- Homes for sale in Granger PHM
- Homes for sale in Penn Schools
- Homes for sale in Granger Clay
- Homes for sale in Concord Schools Elkhart
- Homes for sale in Notre Dame
- Condos for sale in Eddy Street Commons
- Golden View Townhomes for Sale
- Condos for sale near Notre Dame Stadium
- New Homes for sale in Northern IN
- Villas for sale in Granger Indiana
- Homes sold in Granger Indiana
- Homes for sale in Granger with a Pool
- Homes for sale in Covington Shores Granger
- Homes for sale in Mishawaka with a Pool
- Villas for sale in Mishawaka
- Homes for sale in Reverewood Mishawaka
- Homes for sale in The Forest
- Homes for sale in Kamm Island
- Homes for sale in South Bend with a Pool
- Homes sold in South Bend
- Homes for sale on the St Joseph River
- Homes for sale in Elkhart with a Pool
- Homes for sale in Jimtown
- Homes for sale in Fort Wayne with Pool
- Homes for sale in Fort Wayne Indiana
- Condos for sale near Indiana University
- Homes for sale in Muncie Indiana
- Homes for sale near Purdue University
- Condos for sale near Purdue University
- Waterfront Listings
- Homes for sale in Bass Lake Indiana
- Homes for sale in Winona Lake Indiana
- Lakefront Homes for sale in Northern Indiana
- Lakefront Homes for Sale Indiana
- Homes for sale in Barbee Lake
- Homes for sale in Tippecanoe Lake
- Homes for sale in Lake Shafer
- Homes for sale in Lake Wawasee
- Homes for sale on Heaton Lake Elkhart
- Condos for Sale near IU Bloomington
- Homes for sale on Upper St Joseph River
- Homes for sale on Lower St Joseph River
- Ranch Homes for sale in Granger