10601 Cunot-Cataract Road, Poland, IN 47868
- $1,500,000
- $1,500,000
- $1,500,000
- $1,500,000
Description
There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings’ roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property; request a copy from the listing agent. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent.Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request.
Address
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Address: 10601 Cunot-Cataract Road
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City: Poland
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State/county: IN
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Zip/Postal Code: 47868
Details
Updated on January 3, 2025 at 6:35 pm-
Property ID 21986857
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Price $1,500,000
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Property Size 20232 Sqft
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Land Area 5.99 Acres
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Garage Size x x
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Year Built 1999
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Property Type Multi-Family 5+, Commercial Sale
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Property Status Closed
Additional details
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Roof Shingle
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Utilities Electricity Connected,Gas,Sep Electric Meter,Sep Gas Meter,Septic System,Water Connected
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Cooling Central Electric
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Heating Electric,Forced Air
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County Owen
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Property Type Commercial Sale
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Elementary School Cloverdale Elementary School
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Middle School Cloverdale Middle School
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High School Cloverdale High School
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Architectural Style Other
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