1024 W Country Club Drive
Property Description
3 fully rented units plus an extra lot. This unique property has 3 rental units and multiple garages plus a separately deeded vacant lot. Tons of potential or keep it the way it is with instant income. There is a 2-bedroom 1 bath home at 1022A Country Club with a car port which is leased for $950 per month until July 22, 2027. There is also a 2-bedroom 1 bath upstairs apartment leased for $1250 per month until July 24, 2027. This was recently remodeled with new paint and flooring and updated dishwasher. Below this apartment is a large 4 car garage that is shared between this tenant and the tenant in the home. There is also a 4-bedroom 2 bath home with a long-term tenant (20+ years) that is on a month-to-month lease. This unit is very under rented for $1050 per month. Based on the current layout, there is room to turn this unit into a duplex with the addition of a second kitchen. In addition, there is a small storage shed and a large 1 car garage/ shed with loft area. All siting on .44 acres. Then the vacant lot is another .33 acres for a total of .75 acres all zoned R2. Property being sold as-is. Would make a great investment property or could be demolished and something new built in its place. The home next door at 1016 Country Club also has a separately deeded vacant lot and is for sale for $210,000. Sellers would prefer to sell as a package or to sell this portion first.
Broker Details
RE/MAX REALTY PROFESSIONALS (BLOOMINGTON) (812) 323-1231
MLS ID: 10061 State License Number: RB14044117
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $340,000 |
| No. of Units: | 3 |
| Year Built: | 1960 |
| Lot Size: | 3,552.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $113,333 |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-BMLSIN-202624554
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout