Elkhart, IN 46514 100 S Michigan Street
$398,000
Presented By: David Perry with RE/MAX 100; Cell: 574-276-8574
Beds • 8
Baths • 4
SQFT • 5,970
Home Details
This is an exceptional opportunity for investors looking to expand their portfolio or enter the real estate market. This fully occupied four-plex offers a solid cash flow and is an ideal asset for both seasoned and new investors alike. Each of the four units features two spacious bedrooms, providing comfortable living spaces that appeal to tenants. Residents can also enjoy their own private back deck. New roof installed in 2022. The interiors of the units have also been recently renovated. Don’t miss out on this lucrative investment opportunity—secure this money-making property before it's off the market! Interior pictures to come! All units are occupied, please allow at least 24 hours notice. If you require a showing on Saturday, Sunday or Monday you must make the request by Friday.
Presented By: David Perry with RE/MAX 100; Cell: 574-276-8574
Interior Features for 100 S Michigan Street
Bedrooms
Num. of 1 Bedrooms0
Num. of 2 Bedrooms4
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms2
Unit 3-# of Bedrooms2
Unit 4-# of Bedrooms2
Above Grade Bedrooms8
Beds12
Below Grade Bedrooms4
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths
Other Interior Features
Total Finished SqFt5970
Basement Y/NYes
Above Grade Finished SqFt5970
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementFull Basement
Dishwasher(s)4
Disposal(s)
Dryer(s)4
FlooringMixed
Microwaves4
Ranges/Ovens4
Refrigerators4
Total Number of Units4
W/D Hookups4
Washers4
Other Rooms
Total Rooms Below Grade
General for 100 S Michigan Street
Age55
Agent First NameDavid
Agent Last NamePerry
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense4396
Annual Trash Expense
AreaElkhart County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms4
CityElkhart
ClassINVESTMENT
CoolingWindow
DOM12
Elementary SchoolMary Daly
FIPS Code18039
FeaturesBasement, Patio Open
Full Baths4
Half Baths
HeatingGas, Forced Air
High SchoolElkhart
Legal DescriptionSpring Fountain Place Add Lot 1 & 2
Middle SchoolWest Side
Net Income35957
New ConstructionNo
OwnerPaysBuilding Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
Pet Restrictions Y/NNo
REONo
Rent Income47820
School DistrictElkhart Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2024
Tenant PaysCooling, Electric, Heating, Water
Total Sq Ft5970
TownshipConcord
TypeFourplex
Year Built1970
Exterior for 100 S Michigan Street
Approx. Lot Size Acres0.24
ExteriorBrick, Wood
Lot DescriptionCorner
Lot Dimensions131x79
Lot Size Area10280
Number of Parking Spaces4
OutbuildingNone
PoolNo
ROOF MATERIALAsphalt
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Mary Daly Elementary School
Middle School
West Side Middle School
High School
Elkhart High School
Steven Wilson
Real Estate Agent
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