$575,000
$660,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
202 E 5th ST Fowler, IN 47944
15,560 SqFt
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,560 sqft
Price per Sqft $36
Subdivision Fowler
MLS Listing ID 818685
Sold Date 01/09/26
Year Built 1900
Annual Tax Amount $5,350
Tax Year 2023
Lot Size 0.255 Acres
Acres 0.255
Property Sub-Type Multi Family
Property Description
INVESTMENT OPPORTUNITY, PASSIVE INCOMELooking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With a 9 percent CAP rate, over 100K in capital improvements last calendar year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81 percent occupancy rate! Increase your earning potential with a 100 percent occupancy rate! Call an agent today!
Location
State IN
County Benton
Interior
Heating Forced Air, Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony
View Y/N true
View true
Others
Tax ID 040815223018000004
Acceptable Financing NRA20250408022508317526000000
Listing Terms NRA20250408022508317526000000
Financing Cash
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Bought with Non Member