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7045 Corydon Junction Road NE, New Salisbury, IN 47161

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For Sale

$599,000

8 beds • 4 baths • 3,600 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $166.39
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Calling All Investors!! Great investment opportunity!! QUAD-PLEX MULTI-FAMILY APTS COMPLETELY RENTED OUT & RENOVATED FROM THE GROUND UP in 2022! This is a Must See and has GREAT income, with potential for continued increase! Located in the Center of Corydon Junction, this 3,600 Total Sq Ft Building is divided into four unique layouts (two upper and two lower), and each unit features two Bedrooms and one Full Bath. GOI of $4,250 currently, and NOI of $3,287. Listed at under a 6 CAP RATE - very hard to find! Landlord pays $30 electric, $150 water & sewer, $75 Trash, $100 Mowing, $80 Upkeep (On high side), $250 for insurance, and $278 in property taxes (Buyer is to verify what property taxes will be for them in their specific situation). All include LVP Flooring throughout, Full Kitchens, Washer-Dryer Hookups, Refrigerators, Dishwashers (in 3 of the 4 Units) Amenities include separate HVAC Systems and Water Heaters, Ceiling Fans, Energy Efficient Vinyl Windows. New Roof, New Gutters, New Paint and Trim inside, all completed in 2022. This investment comes with a Transferrable Acculevel Warranty.Plenty of parking for each unit and additional off-street parking available for guests. Additional photos are available, contact us for more information.
MLS# 202407075

Courtesy Of Southern Homes Realty

(502) 822-6018

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Heating System
    Heat Pump
  • Lot Size
    0.37 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 7045 Corydon Junction Road NE, New Salisbury, IN 47161

Home seller CENTURY 21 Arnold Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Arnold Associates

(812) 547-6433
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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