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3714 S Gallatin Street

Marion, IN 46953
  • $125,000
  • STATUS: Active
  • ON SITE: 28 days
  • MLS #: 202126414
UPDATED: 46 min ago
$125,000
  • 2
    BEDS
  • 0.27
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,142
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

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

Description

Great income potential within minutes from IWU college campus! Opportunity awaits in this very unique property that currently has 5 total rental spaces. The house is spacious with 2 bedrooms, 2 full bathrooms, large kitchen and laundry rooms with plenty of storage. The house is currently being used as a 3 bedroom rental (the living room has been converted into the 3rd bedroom). The house includes many updates including: new roof (2015), new central air (2014), new furnace (2013), and newer water heater. The two car garage has been completely converted into two studio apartments that each have full bathrooms within the last 5 years. The studio apartments are total electric at this time and include newer mini splits (heating/air) units, full bathrooms, full washer/dryer that remain, and built in closets. The studio apartments are on a separate electric meter from the house. All this sits on 2 lots and has plenty of yard space as well! House is 1,142 sq ft. Studios are each 720 sq ft.

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© 2021 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 Aimee Ness Realty Group. Data last updated: 2021-08-04T07:28:14.16.

www.aimeeness.com/homes/119014015
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3714 S Gallatin Street Marion, IN 46953

  • Price: $125,000
  • Status: Active
  • Updated: 46 min ago
  • MLS #: 202126414
2
Beds
2
Baths
0
½ Baths
0.27
Acres
1,142
SQFT
$109
$/SQFT
1900
Built
Neighborhood:
Wigger & Pence
County:
Grant
Area:
Grant
Elementary School:
Frances Slocum/Justice
Middle School:
Mcculloch/Justice
High School:
Marion
School District:
Marion Community Schools
Property Description
Great income potential within minutes from IWU college campus! Opportunity awaits in this very unique property that currently has 5 total rental spaces. The house is spacious with 2 bedrooms, 2 full bathrooms, large kitchen and laundry rooms with plenty of storage. The house is currently being used as a 3 bedroom rental (the living room has been converted into the 3rd bedroom). The house includes many updates including: new roof (2015), new central air (2014), new furnace (2013), and newer water heater. The two car garage has been completely converted into two studio apartments that each have full bathrooms within the last 5 years. The studio apartments are total electric at this time and include newer mini splits (heating/air) units, full bathrooms, full washer/dryer that remain, and built in closets. The studio apartments are on a separate electric meter from the house. All this sits on 2 lots and has plenty of yard space as well! House is 1,142 sq ft. Studios are each 720 sq ft.
Exterior Features

Architectural Style Bungalow Exterior AsbestosBlockShingleVinyl Fence None Location City/Town/SuburbNear College Campus Lot Description Level Lot Dimensions 88 X 132 Outbuilding Shed Outbuilding Sq Ft 96 Parking Off Street Parking Spaces 5 Pool YN No Roof Material Shingle Style One Story Unit1 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 2 Above Grade Finished Sqft 1142 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanOff Street ParkingAttic Pull Down StairsCeiling-9+Deck OpenPorch CoveredWater Heater ElectricWater Heater GasWater Heater Tankless 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 AirOther Dishwashers 0 Disposals 1 Dryers 3 Flooring CarpetWood Heating Fuel GasOther Heating System Main Level Sq Ft 1142 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 0 Total Sq Ft 1142 Unit1 Basement YN No Unit1 Bathrooms 2 Unit1 Bedrooms 3 Unit1 Sq Ft 1142 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 720 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 720 Upper Level Sq Ft 0 Wash Dry Hookups 3 Washers 3

Property Features

Annual Electric Expense 4186 Annual Fuel Expense 756 Annual Gross Rent 23400 Annual Insurance Expense 1450 Annual Maint Expense 1167 Annual Misc 885 Annual Net Income 12318 Annual Property Tax 1372 Annual Trash Expense 0 Annual Water Sewer Exp 1266 Assoc Dues Frequency Not Applicable Buildings 2 Common Amenities None Efficiencies 0 Electric Meters 2 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 1950 Gross Monthly Rent 1950 Inside City Limits Yes Lease Term 1 YearMonth To Month New Construction No One Bedrooms 2 Owner Pays CoolingElectricHeatingWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Reo YN No Sale Includes Building Sewer City Tenant Pays Cable Three Bedrooms 1 Township Center Two Bedrooms 0 Unit1 Unit Rent 1050 Unit2 Unit Rent 450 Unit3 Unit Rent 450 Units Rented 3 Water Meters 1 Water Utility City Year Taxes Payable 2021

Listing courtesy of Connie Zirkle of Nicholson Realty.
© 2021 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 Aimee Ness Realty Group.


© 2021 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 Aimee Ness Realty Group. Data last updated: 2021-08-04T07:28:14.16.

 
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