1107 Bower Street, Elkhart, IN 46514

$114,900 Asking Price

3 beds

2 baths

1,882 sqft

Built in 1924

Income-producing property with strong potential! This property offers steady rental income, with some maintenance updates needed. The roof and furnace are both 15 years old, while the water heater is 10 years old and the A/C is only 2 years old, ensuring efficient cooling. The plumbing is original, and the kitchen cabinets were updated 10 years ago. The property requires 5 new windows, providing an excellent opportunity for customization and value-add improvements. Ideal for investors seeking a solid rental asset with manageable updates.

Listing Status:: Active
Date Added:: September 26, 2024 — 42 days ago
Listing Office:: Epique Inc., Todd Bailey (317-438-9965)
Office Phone:: 888-893-3537
MLS ID:: 202437328

Features & Amenities

Interior

Basement:: Unfinished
A/C:: Central Air
Heating:: Forced Air
Fireplace:: Other, Fireplace, Fireplaces: 1

Exterior

General:: Other

Construction

General:: Two Story, Unfinished

Location

HOA Amenities:: Not Applicable
School District:: Elkhart Community Schools

Lot

Zoning:: Wards 1st Lot 12, 20-06-06-405-007.000-012

Utilities

Water:: City

This listing courtesy of:
Epique Inc., Todd Bailey

About Elkhart, IN

Housing

Number of Units: 40,686
Median Home Value: $131,869
Median Rent: $693

33.62% of housing units are renter occupied.

6.83% are vacant.

Commute

Car: 86.86%
Public Transportation: 0.52%
Walk to Work: 1.42%
Work from Home: 10.20%
Other: 0.46%

The median travel time to work is 19 minutes.

People

Population: 99,903
Median Age: 35.70
Median Household Size: 2.66

Education

High School: 35.78%
Associate’s Degree: 7.21%
Bachelor’s Degree: 11.95%
Graduate Degree: 5.15%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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1107 Bower Street, Elkhart, IN 46514

$114,900 Asking Price