Active

121 E Quincy Street

Garrett IN, 46738

$499,900


$86.19 per sqft

Active

12 Beds

12 Baths

5,800 sqft

Condo

Built in 1900

Courtesy of Paradigm Realty Solutions, Joshua Vida, Office: 574-485-2348

Owner retiring creates a prime investment opportunity in Garrett, Indiana, 12 units under 1 roof and the roof is new. New Roof July 2021. New, energy efficient windows in half the apartments. $85,839 gross rent receipts 2023. Rents are well below market rate. > 98% occupancy rate. All 12 Units 1 Bed/1 Bath (shower only) Include Electric Range and Refrigerator/Freezer. Air conditioning extra. Ample off-street parking available in private and city lots adjacent to the building. Security cameras on interior common areas and building exterior. Rent currently includes electric; although units are separately metered allowing for recovery of overuse. Being sold As-Is, Where-is.

202423774

MLS ID

June 28, 2024

Updated

Map

121 E Quincy Street
Garrett IN, 46738

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

12


Full Bathrooms

12


Floor Description

Carpet, Laminate, Mixed, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other Heating Fuel

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

Other


Sewer

Other

School Information

School District

Garrett Keyser Butler


High School

Garrett High


Elementary School

J.E. Ober

Other Property Details

Area Name

Dekalb County


Garage

No


View

No


Municipality

Keyser


Pool

No


Zoning

None


Buyer Agency Compensation

2.5%

The Listing Broker’s offer of compensation is made only to IRMLS Participants.

IDX information provided by 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 by the MLS. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Morken Real Estate Services, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.  

©2024 Indiana Regional MLS. All rights reserved.

Data last updated 9:10 AM UTC, 6/28/2024

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