Mishawaka, IN 46545 1640 E McKinley Highway

Pending
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Presented By: Heidi Gaskill with Berkshire Hathaway HomeServices Elkhart; Office: 574-293-1010
  • MLS# 202329723
  • 08/18/2023
  • Get pre-approved
  • Request Tour
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  • Beds • 13
  • Baths • 13
  • SQFT • 5,444

Home Details

Unique investment opportunity to own and manage a business and live on the premises. A total of 8 parcels with multiple income properties from retail to motel to two single family rental homes. The fully occupied motel features 10 rooms and a 3 bedroom/2 bath owners suite. Great cash flow. 435 feet of frontage on McKinley Highway and a total of 2.37 acres.
Presented By: Heidi Gaskill with Berkshire Hathaway HomeServices Elkhart; Office: 574-293-1010

Interior Features for 1640 E McKinley Highway

Bedrooms

Num. of 1 Bedrooms10
Num. of 2 Bedrooms0
Num. of 3 Bedrooms1
Num. of 4 Bedrooms
Above Grade Bedrooms10
Beds10
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Total Finished SqFt5444
Basement Y/NNo
Above Grade Finished SqFt5444
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies10
BasementSlab
Dishwasher(s)0
Disposal(s)
Dryer(s)2
FlooringCarpet, Vinyl Tile
Microwaves11
Ranges/Ovens
Refrigerators11
Total Number of Units11
W/D Hookups4
Washers2

Other Rooms

Total Rooms Below Grade

General for 1640 E McKinley Highway

# of Buildings5
Age71
Agent First NameHeidi
Agent Last NameGaskill
Annual Electric Expense20472
Annual Fuel Expense2808
Annual Insurance Expense11660
Annual Trash Expense2441
AreaSt. Joseph County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms13
CityMishawaka
ClassINVESTMENT
Common AmenitiesLaundry Facilities
CoolingCentral Air, Window
DOM39
Elementary SchoolElsie Rogers
FIPS Code18141
FeaturesWater Heater Gas
Full Baths13
Half Baths
HeatingGas, Forced Air, Hot Water, Multiple Heating Systems
High SchoolPenn
Legal Description210' X 150' Beg 370' E Sw Cor Sw Sec 2 37 3e
Middle SchoolSchmucker
Net Income61740
New ConstructionNo
OwnerPaysBuilding Insurance, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Parking, Sewer, Snow Removal, Trash Collection, Water
ParkingLot
Pet Restrictions Y/NNo
REONo
Rent Income112400
School DistrictPenn-Harris-Madison School Corp.
SewerCity, Septic
StatusPending
StatusPending
Status Detail0
Stories1
StyleOne Story
SubdivisionNone
Tax Year2022 pay 2023
Tenant PaysElectric, Heating
Total Sq Ft5444
TownshipPenn
TypeOther
Virtual TourClick here
Year Built1953

Exterior for 1640 E McKinley Highway

Approx. Lot Size Acres2.37
ExteriorAluminum
Lot DescriptionLevel
Lot Dimensions435 x 237
Lot Size Area103237
Number of Parking Spaces40
OutbuildingNone
PoolNo
ROOF MATERIALAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Elsie Rogers Elementary School
High School Penn High School
Middle School Schmucker Middle School

Heather Gould

Broker
Price $650,000
MLS#202329723
List Date 08/18/2023
Property Type Pending
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