An investment property near Ball State unlike others! This 6 bedroom, 3.5 bath home has so much to offer. Located just across the street from the BSU Basketball Arena, this was completely remodeled to the studs in 2018 and has a newer roof, windows, parking for 7 cars, lots of natural light, and tons of custom updates. It's been leased year over year with 6 people for $408/month (2,448/mo, or 29,376 a year of income) which includes sanitary, and tenants pay all utilities. OTHER NOTABLES: completely water-proofed basement by IN Foundation ('19), new vinyl siding (chimney stack too) and new wall insulation ('21), higher-end custom cabinetry with a butcher block insert, large deluxe refrigerator (and another one included in the basement), high-end bath fixtures, custom tile entry and bath floors and showers, new Royal Tile Baths, large closets, real hardwood floors, alder wood doors, many custom closets, and gas fireplace with easy switch turn on/off. Safety Features: 7x wired smoke detectors, carbon monoxide detector, fire extinguishers, outside security lights, and touchpad door locks throughout. Nice exterior paver patio. Custom glass exterior doors and interior art-metal spindles. The basement has one finished bedroom with an egress window, and the other space is just like finished space with a kitchenette, solid surface countertop, sink and bar area, and space for a pool table. At this list price, if you figured for the additional livable space in the basement, the price per sqft is closer to $84/SF if you compared it to other residential homes with finished basements. No tax exemptions as this is an investment property. With a homestead exemption, taxes would be expected to be half as much. Tenants leases expire 05/31/23. 24 hrs notice to show. Great location and move-in ready!
