Cherry Street Duplex | 511 N Cherry St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Cherry Street Duplex 511 N Cherry St
2 Unit Block of Flats £91,598 (£45,799/Unit) 9.57% Net Initial Yield Hartford City, IN 47348
Investment Highlights
- Well maintained
- Income producing GREAT for College Rental or Air B and B. Close to Taylor University
- Fenced yard and garage and storage
Executive Summary
Charming duplex rental for sale. Gas forced heating, fenced yard, garage and convenient city location near junior high school and ball fields. The larger unit offers 2 bedrooms, den and bathroom with access to garage and basement. This unit has been rented to great tenant for a long time. The smaller unit is currently vacant and offers 1 large bedroom 1 bath, spacious living room, eat in kitchen with appliances and storage walk in closet. Great rental history. Tenant pays gas and electric and landlord pays water,sewer and trash (about $120 a month).
USE the one bedroom for Air B and B! Close to Taylor University.
USE the one bedroom for Air B and B! Close to Taylor University.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£11,958
|
£4.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£11,958
|
£4.84
|
| Taxes |
£1,252
|
£0.51
|
| Operating Expenses |
£1,626
|
£0.66
|
| Total Expenses |
£2,878
|
£1.16
|
| Net Operating Income |
£9,080
|
£3.67
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £11,958 |
| Annual Per SF | £4.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £11,958 |
| Annual Per SF | £4.84 |
| Taxes | |
|---|---|
| Annual | £1,252 |
| Annual Per SF | £0.51 |
| Operating Expenses | |
|---|---|
| Annual | £1,626 |
| Annual Per SF | £0.66 |
| Total Expenses | |
|---|---|
| Annual | £2,878 |
| Annual Per SF | £1.16 |
| Net Operating Income | |
|---|---|
| Annual | £9,080 |
| Annual Per SF | £3.67 |
Property Facts
Unit Amenities
- Air Conditioning
- Eat-in Kitchen
- Yard
- Basement
- Den
- Lawn
Site Amenities
- Fenced Lot
- Rubbish Collection - Kerbside
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 1 | £478.32 | 1,472 - 2,472 |
| 1+1 | 1 | £518.18 | 1,000 |
1 of 1
zoning
| Zoning Code | Multi family (multi family residential) |
| Multi family (multi family residential) |
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Cherry Street Duplex | 511 N Cherry St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.