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616 and 614 E Morton Street

Marion, IN 46952
  • $155,000
  • STATUS: Cont-AccptngBackupOffers
  • ON SITE: 34 Days
  • MLS #: 202439073
$155,000
  • 4
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,542
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Kerri Mitchener of Howell Realty Group, LLC: Cell: 817-789-1087.

Description

Discover this meticulously maintained investment property showcasing pride of ownership! Featuring two separate units, each with two bedrooms and one bath, this property offers a fantastic opportunity for both seasoned investors and first-time buyers. Dual Units: Each unit is thoughtfully designed with two bedrooms and one bath, perfect for attracting quality tenants. Shared Detached Garage: Used as shared storage. There is no power, but is accessible. Utilities: Unit 616 is metered with electric and gas, while 614 is all electric. Owner pays water, trash and sewage.(shared source). Appliance Package: All appliances are included in both units, with brand new appliances in 614. Upgraded Unit: 614 has been recently updated with fresh paint and new carpet, making it move-in ready and highly desirable. Current Tenant: 616 is currently occupied by a month-to-month tenant. Will be vacated by end of month. Live-in Opportunity: With the accessory unit available, you have the unique opportunity to live in the front unit while enjoying the benefits of rental income from the back unit

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© 2024 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: 2024-11-12T00:28:01.763.

www.romanskigroup.com/homes/156508888
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616 and 614 E Morton Street Marion, IN 46952

  • Price: $155,000
  • Status: Cont-AccptngBackupOffers
  • On Site: 34 Days
  • MLS #: 202439073
4
Beds
2
Baths
0
½ Baths
0.2
Acres
1,542
SQFT
$101
$/SQFT
1930
Built
Neighborhood:
Clunk(S)
County:
Grant
Area:
Grant
Elementary School:
Allen/Justice
Middle School:
Mcculloch/Justice
High School:
Marion
School District:
Marion Community Schools
Property Description
Discover this meticulously maintained investment property showcasing pride of ownership! Featuring two separate units, each with two bedrooms and one bath, this property offers a fantastic opportunity for both seasoned investors and first-time buyers. Dual Units: Each unit is thoughtfully designed with two bedrooms and one bath, perfect for attracting quality tenants. Shared Detached Garage: Used as shared storage. There is no power, but is accessible. Utilities: Unit 616 is metered with electric and gas, while 614 is all electric. Owner pays water, trash and sewage.(shared source). Appliance Package: All appliances are included in both units, with brand new appliances in 614. Upgraded Unit: 614 has been recently updated with fresh paint and new carpet, making it move-in ready and highly desirable. Current Tenant: 616 is currently occupied by a month-to-month tenant. Will be vacated by end of month. Live-in Opportunity: With the accessory unit available, you have the unique opportunity to live in the front unit while enjoying the benefits of rental income from the back unit
Exterior Features

Architectural Style Bungalow Driveway Gravel Exterior VinylOther Fence None Location City/Town/Suburb Lot Description 0-2.9999 Lot Dimensions 66x132 Outbuilding None Outbuilding Sq Ft 315 Parking Gravel Parking Spaces 6 Pool YN No Road Access City Road Surface Asphalt Roof Material Shingle Sea Wall Type None Style One Story Unit1 Garage Type None Unit2 Garage Type None Water Access None Water Features None Water Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1542 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanOff Street ParkingStorageCable AvailableCable ReadyCountertops-LaminateDeck OpenEat-In KitchenPorch CoveredStorm DoorsWater Heater Electric Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetCeramic TileVinyl Heating Fuel ElectricityGasForced Air Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 0 Total Sq Ft 1542 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 825 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 720 Wash Dry Hookups 2 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 14400 Annual Insurance Expense 1325 Annual Maint Expense 573 Annual Misc 0 Annual Net Income 10272 Annual Property Tax 796 Annual Trash Expense 717 Annual Water Sewer Exp 717 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 2 Common Amenities None Documents Available Income/ExpensesLBP FormLeaseSellers DisclosureUtility Bill InformationZoning Efficiencies 0 Electric Company AEP/I&M Electric Meters 2 For Sale Or Rent For Sale Four Bedrooms 0 Gas Company CenterPoint Energy Gas Meters 1 Gross Monthly Income 1200 Gross Monthly Rent 1200 Inside City Limits Yes Lease Term Month to Month New Construction No One Bedrooms 0 Owner Pays SewerTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashConventionalOther Reo YN No Sale Includes Building Sewer City Tenant Pays CableCoolingElectricHeating Three Bedrooms 0 Township Washington Two Bedrooms 2 Unit1 Unit Rent 600 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 600 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Units Rented 1 Water Company Marion Utilities Water Meters 1 Water Utility City Year Taxes Payable 796 Zoning Description Low Density Single and Multi-Family Res

Listing provided by Kerri Mitchener of Howell Realty Group, LLC: Cell: 817-789-1087.

© 2024 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.


© 2024 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: 2024-11-12T00:28:01.763.

 
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The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Kerri Mitchener of Howell Realty Group, LLC: Cell: 817-789-1087.