308 E Madison Street Goshen, IN $ 285,000
308 E Madison Street
$ 285,000
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308 E Madison Street

Goshen, IN, 46526
$ 285,000
Bedrooms3 Baths5.0 Sq 2,050

Monthly Estimate*

$ 1,894

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Multi-Family Home for sale in Goshen, IN

for $285,000 with 3 bedrooms and 5 full baths. This 2,050 square foot home was built in 1940.

Excellent cash flow on this 5 unit in Goshen. 4 units have been recently remodeled, and the other has a nine year tenant. 3 One Bedroom Units and 2 Studio apartments. NIPSCO shows separate meters for all, plus the common space/basement. Additional Parking may be possible at property to the south with a lease agreement after closing.

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Multi-Family Pending

Price

$ 285,000

Bedrooms

3

Full Bath

5

Property Type

Multi-Family

Taxes

$ 3,885

Style

Foursquare

Year Built

1940

Town/City

Goshen

County/Region

Elkhart

MLS | Web ID

202410119

Features
General
Heating Gas Forced Air
Cooling Window
Sewer City
# of Buildings 1
Status Pending Pending
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1940
Parking Off Street
New Construction No
Tenant Pays Cooling Electric
Subdivision None
Style Two Story
Stories 2
Township Elkhart
Class INVESTMENT
Type Fiveplex
Age 84
Net Income 27151
Rent Income 41400
Features Basement Off Street Parking Countertops-Laminate
Inside City Limits Yes
REO No
Area Elkhart County
Location City/Town/Suburb
High School Goshen
City Goshen
School District Goshen Community Schools
Architctural Style Foursquare
Total Sq Ft 3070
Street Name Madison
Elementary School Chandler
Middle School Goshen
Legal Description SECOND SOUTH ADD 54X40FT NE COR 24
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202410119
Agent First Name Nicolas
Agent Last Name Wyse
DOM 57
Tax Year 2023
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Interior
Basement Full Basement Unfinished
Flooring Vinyl
Beds 5
Total Number of Units 5
Microwaves 0
Refrigerators 5
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 5
W/D Hookups 0
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 2178
Lot Dimensions 40X54
Lot Description Level 0-2.9999
Water Meters 1
Electric Meters 6
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Nicolas Wyse

Listing Agent

Re/Max Results-Goshen

Broker

nawyse@gmail.com

Email

Affordability Calculator

$2,218
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$324
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1237619 Elementary School
1236976 Middle School
Goshen High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$285,000 -4.97% Price Down
3/27/2024$299,900 Listed Price

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308 E Madison Street, Goshen, IN, 46526 is a Multi-Family Home for sale at $285,000 with 2,050 sqft. 308 E Madison Street has 3 bedrooms, 5.0 baths, and was built in 1940. The property's zip code is 46526 which is in Goshen, IN