Rare opportunity to settle estate. Five rental units. Could be residential or other multiple uses, as property is zoned Commercial. Former uses include drug store, restaurant, and beauty shop - the possibilities are limitless. Great spot for a Mom and Pop shop. Signage available. Two units (C and D) need updating, approximately 2,900 SF or could be suited for retail or climate controlled indoor storage. Two units currently rented (A and B, interior pictures of these two not posted), Unit E is move in ready and was occupied by previous owner. Great La Paz location close to schools and Newton Park. *Important note - This is an estate now. NET INCOME is based off low rents because previous owner was kind and kept rents low. There IS market to have the rents raised. This same owner also occupied one of the units so the income does not reflect his portion of an additional rent. When figuring net incomes, please add in for an additional unit of rent.
Listing Agent: Dave Goebel Courtesy of: RE/MAX OAK CREST -PLYMOUTH The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 30th July, 2021 12:19 AM