1323 South 8th Street

Goshen, IN 46526

$455,000
Price
5
Beds
5
Baths
2,635 Sq. Ft.
$173 / Sq. Ft.
2,635
Sq. Ft.
$173
per Sq. Ft.

Description

Opportunity is knocking at this 5 unit investment property near downtown Goshen! Close to Goshen Hospital, Goshen College, biking and walking trails, schools and shopping. Location, location, location! This all brick two story has 5 units, 4 of which are occupied. Plenty of on street and off street parking, and walking distance to all Goshen Indiana has to offer! Separate gas and electric meters. Owner pays gas and electric for common area out of rental income.Opportunity is knocking at this 5 unit investment property near downtown Goshen! Close to Goshen Hospital, Goshen College, biking and walking trails, schools and shopping. Location, location, location! This all brick two story has 5 units, 4 of which are occupied. Plenty of on street and off street parking, and walking distance to all Goshen Indiana has to offer! Separate gas and electric meters. Owner pays gas and electric for common area out of rental income.
  1. Listed by David Stump • Berkshire Hathaway HomeServices Goshen

Property Details for 1323 South 8th Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 12/20/2024 02:48 PM

Property Details for 1323 South 8th Street

StatusActive
MLS #202424312
Days on Market105
Taxes$5,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fiveplex
Year Built1900
Lot Size0.18 AC / 7,841 SF
CountyElkhart County

Building Information for 1323 South 8th Street

Stories2Residences5Year Built1900Building Size-Lot Size0.18 AC / 7,841 SF

Property Information for 1323 South 8th Street

Summary
Location and General Information
  • Area: Elkhart County
  • City: Goshen
  • Zip Code: 46528
  • State: IN
  • Township: Elkhart
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Fips Code: 18039
  • Directions To Property: Plymouth Avenue east of Main Street (SR 15) to 8th. South a few blocks, west side of road near Parkside Elementary. North of College Avenue.
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 20-11-15-308-007.000-015
School Information
  • School District: Goshen Community Schools
  • Elementary: Parkside
  • Middle School: Goshen
  • High School: Goshen
Parking
  • Number Of Parking Spaces: 5
  • Parking: Off Street, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fiveplex
  • Approx Lot Size Acres: 0.18
  • Lot Dimensions: 50x155
  • Below Grade Unfin Sqft: 1075.0
  • Total Square Feet: 4878.0
  • Approx Lot Size Sqft: 7841.0
  • Above Grade Finished Sqft: 2635.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1075.0
  • Total Finished Sqft: 2635.0
  • Above Grade Unfin Sqft: 1168.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Near Walking Trail, Attic-Walk-up, Water Heater Electric, Water Heater Gas
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 6
  • Number of Gas Meters: 5
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 5
  • Number of Refrigerators: 5
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Other
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: None
  • Flooring: Carpet, Wood
  • Heating/Fuel: Gas, Radiant
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 3
  • Num Of 1 Bedrooms: 3
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 4
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $200.00
  • Annual Fuel Expense: $3,400.00
  • Annual Gross Rent $: $40,032
  • Annual Insurance Expense: $3,128
  • Annual Maint. Expense: $1,000
  • Annual Misc: $0
  • Annual Net Income: $24,027
  • Annual Property Tax: $5,559
  • Annual Trash Expense: $1,200
  • Annual Water/Sewer Exp: $1,518
  • Gross Monthly Income: $3,336
  • Gross Monthly Rent: $3,336
Rental
Rental Information
  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Sewer, Trash Collection
  • Tenant Pays: None

Property History for 1323 South 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1323 South 8th Street

Taxable ValueLand-Additions$218,900Total-
Tax Record2023$5,574 ($464 / month)
Home Facts
Beds5Baths1Total Finished SqFt3,803 SqFtAbove Grade Finished SqFt3,803 SqFtStories2Lot Size7,754 SqFtStyleSingle Family ResidenceYear Built1900ZoningZO01CountyELKHARTAPN20-11-15-308-007.000-015

Schools near 1323 South 8th Street

This home is within Goshen Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Parkside Elementary School
PublicK to 4

Goshen Intermediate School
Public5 to 6

Goshen Middle School
Public7 to 8

Goshen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1323 South 8th Street is a multi-family home for sale in Goshen, IN 46526. This property was listed for sale on July 2, 2024 by Berkshire Hathaway HomeServices Goshen, it's currently listed at $455,000. This listing's school district is Goshen Community Schools. Nearby schools include Parkside Elementary School, Goshen Intermediate School and Goshen Middle School. 1323 South 8th Street is a 5-bed, 5-bath, 2,635 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Goshen

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.