614 W Marion Street Elkhart, IN 46516

$96,000
614 W Marion Street, Elkhart, IN 46516
Call 1-800-839-1363
201714339

Multi-Family Home for sale in Elkhart, IN

for $96,000 with 6 bedrooms and 6 full baths. This 2,500 square foot home was built in 1890 on a lot size of 163X43.

Property Information

  • $96,000
  • 6 Bedrooms
  • 6 Full Baths
  • Multi-Family
  • 2,500 Square Feet
  • Six-Plex
  • Active
  • Lot size of 163X43
  • Built in 1890
  • Elkhart, IN
  • West Central Neighborhood
  • Elkhart County
  • MLS/Web ID is 201714339

 Virtual Tour

Description

Stop reading books and start investing! Gross rents totaling $32, 802! This building has had great rental history and is all leased up with long term tenants. Exterior has been repainted and interior cosmetic improvements as needed. Electric has been split. "Street level" management available. May consider a package with 416 S 6th (5 Unit), 501 Marion (8 Unit), and 721 Marion (5 Unit)

Interior 6

Appliances

  • Smoke Detector

Basement

  • Outside Entrance to Basement

Flooring

  • Carpet(s)
  • Vinyl Flooring

Heating System

  • Forced Air

Sewer

  • City Sewer

Utilities

  • Water

Exterior 3

Construction

  • Stone

Lot Description

  • Level/Flat

Parking

  • 1-20 Parking Spaces

Miscellaneous 1

Commercial

  • Sale Includes Building
  • Sale Includes Land

Rental 2

Landlord Pays

  • Heat
  • Trash/Garbage Pickup
  • Water

Tenant Pays

  • Electric

† Excluded Feature

Neighborhood & Schools

School District: Elkhart Community Schools
Elementary School: Elkhart Community
Middle School: West Side
High School: Memorial

 See complete school information

Listed By

Listing Agent: Dan Brouillette
Broker: Elkhart - WEICHERT, REALTORS® Pheasant Ridge Realty

614 W Marion Street, Elkhart, IN, 46516 is a Multi-Family Home for sale at $96,000 with 2,500 sqft and a lot size of 163X43. 614 W Marion Street has 6 bedrooms, 6.0 baths, and was built in 1890. The property's zip code is 46516 which is in Elkhart, IN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Elkhart $228,867 138 % above $159,400 66 % above
Multi-family listings in Elkhart $96,729 1 % above $79,900 17 % below

Get the facts about Elkhart, IN!

Population 52,616
Population Growth (since 2000) -3 %
Median Income $37,186
Median Age 35.06
Households w/ Children 33 %

Residential Dwellings

  • Owned 11382
  • Vacant 3005
  • Rented 8442

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