Are you looking for a long term investment opportunity? Look at this beautiful 8-Plex Apartment Building in a PRIME location directly across from Indiana Institute of Technology (Indiana Tech). Each of the 8 units is a studio style apartment professionally designed and commercially built-out in 2008. These units are designed to specifically house & target Indiana Tech students. The entire building is ran on one gas, one electric, and one water meter. Therefore the owner pays all utilities including trash & internet and there is one all inclusive monthly cost to students, which makes their budgeting easy! All units come furnished and rent for ~$600/mo. There are 2 washers & 2 dryers onsite that are coined operated and generate around $450/yr. New flat roof - 2008. Zoned commercial + windows/doors commercial as well. 2 onsite parking spots available (this could be reconfigured) and there is tons of on street parking next to and nearby.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
