1021 Princeton Boulevard, Elkhart, IN 46516

Duplex 4/2 Unit and 2/1 Unit, 1,882 Approximate Square Feet, Built in 1900.

Located in an area of South Bend that has good pride of ownership and a solid “neighborhood feel” located on the bus line and two miles from major shopping areas. This Victorian is a fabulous duplex that has tons of space. The lower unit has high ceilings, large bedrooms, a kitchen with tons of cabinets. Both units share storage and laundry facilities in the basement. The upstairs unit has an open kitchen and living room and three large bedrooms, a bath and a kitchen. The downstairs unit comes with a two car garage, and the property has on street parking as well.

This property is rented currently for  $1,425 per month.  With minor updates the front might rent for $850 for the back unit unit could bring $750 per month and should be an excellent cash flow, rent-ready, income producing property.  If you can get the rents up to $1,600 by doing a few cosmetic upgrades you will be doing very well!  This is not guaranteed and is only a projection based upon past experience, rents change according to season and you should get your own rental comps and verify with the property manager of your choice.

ROI Turnkey Properties LLC brings this property to you through a relationship in our network that professionally renovates properties, this is not a property we own, rather through Realty Plus, LLC real estate brokerage our agent Patty Baba will write up the contract for you and be compensated 3% by the seller, providing us a referral fee for services rendered.  We will discuss types of agency available prior to writing an offer on this property.  Any related referral fees will be negotiated with the seller as part of the transaction and built into the price.


ROI Turnkey Properties is the largest turnkey property provider in Alabama and the only producer of turnkey property in Huntsville, Birmingham, and Montgomery. Our founder has coached and trained for Robert Kiyosaki’s “Rich Dad, Poor Dad,” program and conducted bus tours for guys from “Flip This House,” “Flipping Vegas,” and “Dean Graziosi.”  The group that did all of the buying for Trump Real Estate Seminars also relied upon our founder to provide fantastic properties.

Rents and pro formas are given for illustrative purposes and are based upon the experience of the seller from past experience.  Past performance is no indication of future performance as rental prices can change and vary by square footage, property condition, season or timing in the real estate market cycle.  Buyers are encouraged to check Zillow Rent Estimates and Rentometer.com as well as verify with property managers for themselves what the rents should be.

Property Details

Price: $114,900
Address: 1021 Princeton Boulevard
City: Elkhart
State: IN
ZIP: 46516
MLS #:
Square Feet: 1,882
Bedrooms: 4BR and 2BR
Bathrooms: 2BA and 1BA
Basement:

Additional Features:

Property Map

 

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