Description
One of the most unique multi-family properties in New Carlisle, what used to be a local hotel years and years ago has been converted into a 5 family , Three 1 bedroom 1 bath units, two 2-bedroom 1 bath units. Gross rents are currently $3195/month not counting the rents for the garages (2 car garage and 1 car garage) and with upside rents property should cash flow day 1! Rents and current lease exp as follows: Unit1-$750 (6/25), 2- $500 (M/M), 3-$570 M/M and 4-$590 (12/2024) Unit 5-$785 (7/2025) Don't wait to own this, Beauty!
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7BEDS
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0.25ACRES
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5BATHS
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01/2 BATHS
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4,606SQFT
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$65$/SQFT
Description
One of the most unique multi-family properties in New Carlisle, what used to be a local hotel years and years ago has been converted into a 5 family , Three 1 bedroom 1 bath units, two 2-bedroom 1 bath units. Gross rents are currently $3195/month not counting the rents for the garages (2 car garage and 1 car garage) and with upside rents property should cash flow day 1! Rents and current lease exp as follows: Unit1-$750 (6/25), 2- $500 (M/M), 3-$570 M/M and 4-$590 (12/2024) Unit 5-$785 (7/2025) Don't wait to own this, Beauty!
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