3708 Indiana 9
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3708 Indiana 9
2,688 SF 100% Leased Flex Building Anderson, IN 46012 $281,280 CAD ($105 CAD/SF)
Investment Highlights
- 1 Garage/workshop, 1 office, 1 apartment
- Excellent cash flow opportunity.
Executive Summary
Excellent Rental Income Flow! This is a property has three units that rent for $1000/mo, $800/mo, $800/mo. The main level is a garage/repair shop. Upstairs there is a remodeled office unit with full bath and a remodeled 1 bedroom/1bath apartment. There is a new HVAC system and new AC units for the two upper units. All wiring, siding, the roof, and plumbing are updated. The landlord pays for gas and electric for the entire building. There is an upper level deck and a full rear privacy fence fence + LED security light. Zoned General Commercial. Grab this opportunity today!
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $43,880 | $16.32 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $43,880 | $16.32 |
Net Operating Income | - | - |
Financial Summary (Pro forma - 2024)
Gross Rental Income (CAD) | |
---|---|
Annual | $43,880 |
Annual Per SF | $16.32 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $43,880 |
Annual Per SF | $16.32 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Price | $281,280 CAD | Lot Size | 0.46 AC |
Price Per SF | $105 CAD | Rentable Building Area | 2,688 SF |
Sale Type | Investment | No. Stories | 2 |
Property Type | Year Built/Renovated | 1967/2024 | |
Building Class | B |
Price | $281,280 CAD |
Price Per SF | $105 CAD |
Sale Type | Investment |
Property Type | |
Building Class | B |
Lot Size | 0.46 AC |
Rentable Building Area | 2,688 SF |
No. Stories | 2 |
Year Built/Renovated | 1967/2024 |
Amenities
- Fenced Lot
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
PROPERTY TAXES
Parcel Number | 48-07-30-200-022.000-029 | Improvements Assessment | $41,489 CAD (2023) |
Land Assessment | $28,550 CAD (2023) | Total Assessment | $70,039 CAD (2023) |
PROPERTY TAXES
Parcel Number
48-07-30-200-022.000-029
Land Assessment
$28,550 CAD (2023)
Improvements Assessment
$41,489 CAD (2023)
Total Assessment
$70,039 CAD (2023)
zoning
Zoning Code | Business/Commercial (Zoned commercial. Apt currently has variance that will expire and need to be reapplied for unless new owner wants to switch that unit back to office) |
Business/Commercial (Zoned commercial. Apt currently has variance that will expire and need to be reapplied for unless new owner wants to switch that unit back to office) |
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3708 Indiana 9
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