717 W 3rd Street

Marion, IN 46952
Square Ft.
2,624
$139,900
Motivated Seller!! This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and get rent income from the two studio apartments. The middle unit has 3 bed, 1.5 bath and has been remodeled with new flooring throughout, fresh paint,Read MoreRead Less
Courtesy of Knowe Dials, F.C. Tucker Fort Wayne, 260-489-0013
Listing Snapshot
Days Online
37
Property Type
Triplex
Square Ft.
2,624
Lot Size
0.12 Acres
Year Built
1900
MLS Number
202517289
30 Days Snapshot Of 46952
$170k
-5%
(avg) sold price
20
-23%
homes sold
48
+11%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Basement, Off Street Parking, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Water Heater Electric, Sump Pump, Washer Hook-Up
Appliances & Equipment
# of Ranges/Ovens: 2, # of Refrigerators: 2, # of W/D Hookups: 1
Basement
Yes, Michigan Basement
Building
Above Grade Finished SqFt: 2,236, Age: 125, Below Grade Unfin. SqFt: 388, New Construction: No, Stories: 2, Style: Two Story, Total Below Grade SqFt: 388, Total Finished SqFt: 2,236, Total SqFt: 2,624, Year Built: 1900
Expenses
Annual Insurance Expense: $2,400, Annual Maint. Expense: $1,000, Annual Water/Sewer Exp.: $1,560
Exterior Features
Wood
Floors
Carpet, Laminate, Wood
Heating
Electricity
Home Owner's Association
Dues Frequency: Not Applicable
Income
Annual Net Income: $7,934, Gross Monthly Income: $1,200
Lot
Approx. Acres: 0.12, Approx. SqFt: 5,351, Dimensions: 64x84, Level
Owner Pays
Water
Property
Num. of Efficiencies: 2, Num. of 1 Bedrooms: 2, Num. of 3 Bedrooms: 1, Number of Units: 3
Sewer
City
Taxes
Annual Property Tax: $1,506
Tenant Pays
Electric, Heating, Lawn Maintenance, Snow Removal, Trash Collection
Unit One
Rent: $600, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Deposit Amt: $600, Electric: Owner, Level: Main
Unit Two
Rent Frequency: Monthly, # of Bathrooms: 1.5, # of Bedrooms: 3, # of Rooms: 6, Electric: Tenant, Level: Main
Unit Three
Rent: $600, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Deposit Amt: $600, Electric: Tenant, Level: Main
Utilities
City
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JM Realty Associates
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