Bedford, IN 47421 520-526 5th Street
$549,900
1 more
Presented By: Christina Root with Hawkins & Root Real Estate; Office: 812-675-6952
Beds • 20
Baths • 4
SQFT • 3,472
Garage • 4
Home Details
Fully Rented Quadplex Excellent Investment Opportunity! Dont miss this rare opportunity to own a fully rented quadplex in an excellent location, featuring two separate all-brick buildings. Each of the four spacious units offers 868 sq ft of living space, including 2 bedrooms, 1 full bathroom, and a 1-car garageperfect for attracting and retaining quality tenants. This low-maintenance property has been well cared for, with significant updates including: Roof replaced in 2010, HVAC systems updated in 2017 (units 520-522) and 2018 (units 524-526), All units are currently leased with signed agreements, providing immediate cash flow for savvy investors. Tenants are responsible for electric, helping keep operational costs low. Whether you're looking to expand your portfolio or make your first move into multifamily investing, this property offers stability, convenience, and strong rental income potential.
Presented By: Christina Root with Hawkins & Root Real Estate; Office: 812-675-6952
Interior Features for 520-526 5th Street
Bedrooms
Num. of 1 Bedrooms2
Num. of 2 Bedrooms2
Num. of 3 Bedrooms2
Num. of 4 Bedrooms2
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms2
Unit 3-# of Bedrooms2
Unit 4-# of Bedrooms2
Above Grade Bedrooms8
Beds8
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths
Other Interior Features
Unit 3 SqFt868
Unit 1 SqFt868
Unit 4 SqFt868
Unit 2 SqFt868
Total Finished SqFt3472
Basement Y/NNo
Above Grade Finished SqFt3472
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementCrawl
Basement MaterialBlock
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringCeramic Tile, Laminate
Microwaves
Ranges/Ovens4
Refrigerators4
Total Number of Units4
W/D Hookups4
Washers
Other Rooms
Total Rooms Below Grade
General for 520-526 5th Street
# of Buildings2
Age38
Agent First NameChristina
Agent Last NameRoot
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense2700
Annual Trash Expense
AreaLawrence County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms4
CityBedford
ClassINVESTMENT
CoolingCentral Air
DOM462
Elementary SchoolLincoln
FIPS Code18093
FeaturesWater Heater Electric
Full Baths4
Half Baths
HeatingElectricity, Forced Air
High SchoolBedford-North Lawrence
Legal DescriptionBAILEY LOT 17 18 & 19 150 X 155 3/19/15 Contract: Hoosier Property Solutio ns, LLC
Middle SchoolBedford
Net Income22930
New ConstructionNo
OwnerPaysBuilding Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
ParkingPaved
Pet Restrictions Y/NYes
REONo
Rent Income45660
School DistrictNorth Lawrence Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count1
StyleOne Story
SubdivisionNone
Tax Year2024
Tenant PaysCable, Electric
Total Sq Ft3472
TownshipShawswick
TypeFourplex
Virtual TourClick here
Year Built1988
Exterior for 520-526 5th Street
Approx. Lot Size Acres0.53
DrivewayAsphalt
Electric Meters4
ExteriorBrick
Gas Meters
Lot DescriptionLevel
Lot Dimensions0.53
Lot Size Area23087
Number of Parking Spaces4
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Road AccessCity
Road SurfaceAsphalt
Water Meters1
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Bedford-North Lawrence High School
Elementary School
Lincoln Elementary School
Middle School
Bedford Middle School
Denim Bennett
Broker
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