Sold for $551,050 Listed for $551,050
201-219 East Lake Road
This property is not currently for sale or for rent.
THIS PROPERTY WILL SELL AT PUBLIC AUCTION ON TUESDAY, AUG. 2ND AT 6:00 PM - Lake of the Woods Apartment Community - Outstanding opportunity to purchase a small apartment community with tremendous upside potential. This multi-family investment property is great for a hands on owner/manager. The property consists of 5 buildings: two 2 story buildings and three 1 story buildings. Unit mix includes (2) 2-Bedroom / 1 Bath upstairs units; (8) 2-Bedroom / 1 Bath downstairs unit; (2) 1 Bedroom / 1 Bath upstairs units and (7) 1 Bedroom / 1 Bath downstairs units. Includes Parcel #'s - 01-11-29-203-001.000-019; 01-11-29-203-006.000-019; 01-11-20-400-001.000-019. - STRONG RENTAL HISTORY - PRIME LOCATION ADJACENT TO LAKE OF THE WOODS - EASY TO MANAGE PROPERTY.
35 miles south of Fort Wayne on US 27 to State Rd. 116 in Geneva then West approximately 1/4 mile to County Rd. 500 W. Then North 1/2 Mile - to Lake of the Woods - Watch for Auction Signs.
Map to 201-219 East Lake Road, Geneva, IN 46740
MLS #
202228269
Status
Sold
Property Type
Investment
Property SubType
Apartment Complex
Square Feet
12520 sqft
New Construction
No
Style
Other
Type
Apartment Complex
Bedrooms
29
Bathrooms
19
Annual Taxes
$5,050.00
Year Taxes Payable
2021
Year Built
1970
Days on Market
23
Room Dimensions
Living Room
10 × 0
Level
5th Bedroom
19 × 19
Level
Bathroom Locations
Full Baths
29 Main
External Features
Construction
Apartment Complex
Lot Size
97,574 sq ft
Acreage
2.24 Acres
Lot Dimensions
Irregular
Fence
None
Location
Area
Adams County
County
Adams
Subdivision
Lake of the Woods
Township
Wabash
City
Geneva
State
IN
Zip
46740
Schools
School District
South Adams
Elementary
South Adams
Middle School
South Adams
High School
South Adams
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202228269 |
|---|---|
| Status | Sold |
| Property Type | Investment |
| Property SubType | Apartment Complex |
| Square Feet | 12520 sqft |
| New Construction | No |
| Style | Other |
| Type | Apartment Complex |
| Bedrooms | 29 |
| Bathrooms | 19 |
| Annual Taxes | $5,050.00 |
| Year Taxes Payable | 2021 |
| Year Built | 1970 |
| Days on Market | 23 |
| Living Room | 10 × 0 | Level |
| 5th Bedroom | 19 × 19 | Level |
| Full Baths | 29 Main |
| Construction | Apartment Complex |
|---|---|
| Lot Size | 97,574 sq ft |
| Acreage | 2.24 Acres |
| Lot Dimensions | Irregular |
| Fence | None |
| Area | Adams County |
|---|---|
| County | Adams |
| Subdivision | Lake of the Woods |
| Township | Wabash |
| City | Geneva |
| State | IN |
| Zip | 46740 |
| School District | South Adams |
|---|---|
| Elementary | South Adams |
| Middle School | South Adams |
| High School | South Adams |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202228269. IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Brandon Steffen
Steffen Group
Listing information last updated Wednesday, April 24th, 2024 at 4:45 AM EDT.
Learn More About 201-219 East Lake Road
