701 W Beardsley Avenue Elkhart, IN 46514
PRICED AT $499,000
Listing Details
- $499,000
- MLS# 202613041
- Type Commercial - Business
- Status Active
- 0.325 acres Lot Size
- 1950 Year Built
Description
Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. Currently generating $82,200 annually with approximately $55,000 AGI, the property includes 10 occupied units and 2 units ready for renovation and lease-up, including one vacant unit awaiting finishing touches. Recent electrical improvements allow for future separation of utilities, creating an opportunity to substantially reduce expenses and increase NOI. Additional features include a pole barn for added income potential, a durable rubber roof, and a boiler approximately 8"10 years old. Ideal for a 'buy and improve investor...read more
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 3:32:21 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 04/16/2026 11:17:53 PM EST) or NIRA MLS (last updated Thu 04/16/2026 11:04:47 PM EST) or IRMLS (last updated Thu 04/16/2026 11:12:15 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. 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
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 3:32:21 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 04/16/2026 11:17:53 PM EST) or NIRA MLS (last updated Thu 04/16/2026 11:04:47 PM EST) or IRMLS (last updated Thu 04/16/2026 11:12:15 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. 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
Privacy Policy / DMCA Notice / ADA Accessibility
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