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Off market
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  • $380,000

    530 N Main St, Albany, IN 47320

    8beds
    2,754sqft
    MultiFamily
    Built in 1978
    -- sqft lot
    $380,000 Zestimate®
    $138/sqft
    $1,006 Estimated rent

    Home value

    $380,000

    $350,000 - $410,000

    $1,006/mo

    Zestimate® history
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    What's special

    7 UNITS TOTAL. 4 units at 530 N Main Street in Albany and 3 Units at 510 W Liberty St in Albany, IN. These properties are about 8 blocks apart. Buildings are brick ranch style apartment buildings built in 1978 and 1971. All units are 2 bedroom and 1 bath. Several apartments have been updated with new vinyl plank flooring, new vanities, new counter tops, doors and more. Current full occupancy, historically very quick re-leasing when a unit becomes available. 530 N Main St had a new roof installed in May 2020. Low maintenance with brick exteriors and electric ceiling cable heat and through the wall AC units. Current scheduled annual income is $44,400.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Radiant, Electric
    Cooling
    • Wall
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    • Laundry: Washer/Dryer Hookups
    Features
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Doors: Insulated Doors
    Interior area
    • Structure area source: Assessor
    • Total interior livable area: 2,754 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 10
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.45 Acres
    • Features: Corner Lot, City Lot, 0 to 2.9999 Acres, City/Town/Suburb
    Details
    • Zoning: City Zoning(M1 Multiple-Family Residence)
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Albany

    HOA & financial

    Other financial information
    • Total actual rent: 44400

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Flooring: Carpet, Tile, Vinyl, Vinyl Tile
    • Heating: Radiant, Electric
    • ZoningDescription: Multi-Family
    • Appliances: Range/Oven, Refrigerator, Microwave, Electric Water Heater
    • Roof: Asphalt
    • HeatingYN: true
    • CoolingYN: true
    • FoundationDetails: Slab
    • TenantPays: Snow Removal, Electricity
    • RoomsTotal: 20
    • LeaseTerm: 12 Months, Other, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 4 Rent Frequency(Monthly), Unit 5 Rent Frequency(Monthly)
    • OwnerPays: Sewer, Grounds Care, Insurance, Water, Taxes
    • ConstructionMaterials: Brick
    • NumberOfUnitsTotal: 7
    • LotFeatures: Corner Lot, City Lot, 0 to 2.9999 Acres, City/Town/Suburb
    • NumberOfBuildings: 2
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • WaterSewerExpense: 3600
    • NumberOfUnitsLeased: 7
    • DoorFeatures: Insulated Doors
    • MaintenanceExpense: 0
    • LivingAreaSource: Assessor
    • BelowGradeFinishedAreaSource: Assessor
    • BuildingAreaSource: Assessor
    • ParkingFeatures: Off Street, Paved
    • Cooling: Wall Unit(s)
    • BelowGradeFinishedArea: 0
    • ElectricExpense: 0
    • FuelExpense: 0
    • TotalActualRent: 44400
    • NumberOfSeparateGasMeters: 0
    • NumberOfSeparateElectricMeters: 7
    • NumberOfSeparateWaterMeters: 2
    • AboveGradeFinishedAreaSource: Assessor
    • OtherExpense: 0
    • LaundryFeatures: Washer/Dryer Hookups
    • PetsAllowed: Pet Restrictions
    • MlsStatus: Active
    • GrossIncome: 3700
    • InsuranceExpense: 4823
    • NetOperatingIncome: 33593
    • Zoning: City Zoning(M1 Multiple-Family Residence)
    • TaxAnnualAmount: 2384

    Price history

    DateEventPrice
    3/2/2021Listing removed--
    Source: Coldwell Banker Real Estate Group Report a problem
    10/3/2020Pending sale$318,000$115/sqft
    Source: Coldwell Banker Real Estate Group #202026385 Report a problem
    7/10/2020Listed for sale$318,000$115/sqft
    Source: Coldwell Banker Real Estate Group #202026385 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 47320

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Albany
    • Middle: Delta
    • High: Delta
    • District: Delaware Community School Corp.

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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