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265 S 200 WEST

Kokomo, IN 46902
  • $1,600,000
  • STATUS: Pending
  • ON SITE: 7 Days
  • MLS #: 202224807
Pending
UPDATED: 25 min ago
$1,600,000
  • 48
    BEDS
  • 6.16
    ACRES
  • 32
    BATHS
  • 9
    1/2 BATHS
  • 17,164
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

What an amazing investment opportunity! Dixon Woods Community is comprised of 24 units within 7 buildings sitting on just over 6 acres. This property consists of four (4) 3 bedroom, 2 bath units, twelve (12) 2 bedroom, 2 bath units, four (4) 2 bedroom, 1 bath units and four (4) efficiency apartments. The property has had several recent updates and upgrades inside & out since 2020. One unit has been converted into a leasing office but can easily be switched back to an efficiency apartment. All units are spacious and most have in-unit laundry hook-up. This community is located on the outskirts of Kokomo with peaceful views of the well maintained ground and wooded area.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2022-06-29T11:28:16.027.

www.romanskigroup.com/homes/130069657
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265 S 200 WEST Kokomo, IN 46902

  • Price: $1,600,000
  • Status: Pending
  • On Site: 7 Days
  • Updated: 25 min ago
  • MLS #: 202224807
48
Beds
32
Baths
9
½ Baths
6.16
Acres
17,164
SQFT
$93
$/SQFT
1981
Built
Neighborhood:
Other
County:
Howard
Area:
Howard
Elementary School:
Western Primary
Middle School:
Western Middle School
High School:
Western High School
School District:
Western School Corp.
Property Description
What an amazing investment opportunity! Dixon Woods Community is comprised of 24 units within 7 buildings sitting on just over 6 acres. This property consists of four (4) 3 bedroom, 2 bath units, twelve (12) 2 bedroom, 2 bath units, four (4) 2 bedroom, 1 bath units and four (4) efficiency apartments. The property has had several recent updates and upgrades inside & out since 2020. One unit has been converted into a leasing office but can easily be switched back to an efficiency apartment. All units are spacious and most have in-unit laundry hook-up. This community is located on the outskirts of Kokomo with peaceful views of the well maintained ground and wooded area.
Exterior Features

Driveway Asphalt Exterior Other Fence None Location City/Town/Suburb Lot Description 6-9.999IrregularRolling Lot Dimensions 6.16 AC Outbuilding None Parking PavedPrivate Parking Spaces 30 Pool YN No Roof Material Shingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 48 Above Grade Finished Sqft 17164 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanOff Street ParkingCable ReadyCountertops-LaminateDeck OpenOpen Floor PlanPatio OpenPorch OpenWater Heater ElectricWater Softener-OwnedSump PumpWasher Hook-Up Basement Foundation CrawlSlab Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 2405 Cooling Heat PumpWall AcWindow Dishwashers 21 Disposals 10 Dryers 3 Flooring CarpetLaminate Heating Fuel BaseboardHeat Pump Microwaves 0 Ranges Ovens 21 Refrigerators 21 Rooms Below Grade 0 Total Baths 41 Total Below Grade Sqft 2405 Total Sq Ft 19569 Wash Dry Hookups 21 Washers 3

Property Features

Annual Electric Expense 7305 Annual Fuel Expense 840 Annual Gross Rent 222060 Annual Insurance Expense 9091 Annual Maint Expense 1200 Annual Misc 0 Annual Net Income 182944 Annual Property Tax 16000 Annual Trash Expense 3300 Annual Water Sewer Exp 1380 Assoc Dues Frequency Not Applicable Buildings 7 Common Amenities Playground Efficiencies 4 Electric Company Duke Energy Indiana For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 18505 Gross Monthly Rent 18505 Lease Term 1 Year6 MonthsMonth To Month New Construction No One Bedrooms 0 Owner Pays Building InsuranceLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWaterWater Softener Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Complex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer Private Tenant Pays ElectricHeating Three Bedrooms 4 Township Harrison Two Bedrooms 16 Units Rented 21 Water Utility PrivateWell Year Taxes Payable 2022

Listing provided by Gina Key of The Hardie Group: 765-457-7214.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2022-06-29T11:28:16.027.

 
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The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,