720 S Union Street
Kokomo, IN 46901
Square Ft.
1,591
$145,000
Charming Duplex Near Downtown Kokomo & Baseball Stadium. Located on South Union Street, this fully-leased duplex sits right in the heart of the action—just steps from the baseball stadium and local downtown amenities. Each 1-bed unit offers just under 800 sq. ft. of comfortable living space, featuring a private en… Read More suite bathroom, a separate kitchen, and a cozy living area. Tenants enjoy the convenience of paying their own utilities, plus each unit comes with access to a detached garage bay for private storage. The units are heated and cooled with ductless mini-split systems for efficient, cost effective living for the residents. The large lot provides plenty of outdoor space to relax, let pets run or entertain, making this an attractive rental for tenants and a low-maintenance investment for the next owner. With steady occupancy and a prime location near Kokomo’s growing attractions, this property is a great opportunity to step into a turn-key investment. Schedule your tour today. Financial statements, leases and income analysis available upon request. Property shares driveway with neighbor to the north- No known shared agreement on file Read Less
Courtesy of Steven Childers, Keller Williams Lafayette Agt: 765-413-6046
Listing Snapshot
Days Online
14
Property Type
Duplex
Square Ft.
1,591
Lot Size
0.21 Acres
Year Built
1890
MLS Number
202539034
30 Days Snapshot Of 46901
$216k
+23%
(avg) sold price
43
-28%
homes sold
20
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Porch Covered, Water Heater Gas
Appliances & Equipment
# of Ranges/Ovens: 2, # of Refrigerators: 2
Basement
Block, Crawl
Building
Above Grade Finished SqFt: 1,591, Age: 135, New Construction: No, Stories: 1, Style: One Story, Total Finished SqFt: 1,591, Total SqFt: 1,591, Year Built: 1890
Expenses
Annual Insurance Expense: $1,200, Annual Maint. Expense: $600, Annual Water/Sewer Exp.: $600
Exterior Features
Brick, Vinyl, Wood
Floors
Carpet, Vinyl
Heating
Other Heating System
Home Owner's Association
Dues Frequency: Not Applicable
Income
Annual Net Income: $12,902, Gross Monthly Income: $1,400
Lot
Approx. Acres: 0.21, Approx. SqFt: 9,148, Dimensions: 161x58, Irregular
Owner Pays
Lawn Maintenance
Parking
Spaces: 2, Garage, Street
Pets Policy
Restrictions Y/N: Yes
Property
Num. of 1 Bedrooms: 2, Number of Buildings: 1, Number of Units: 2, Outbuilding: Outbuilding, Outbuilding Length: 22, Outbuilding SqFt: 440, Outbuilding Width: 20
Roof
Shingle
Sewer
City
Taxes
Annual Property Tax: $1,498
Tenant Pays
Electric, Fuel
Unit One
Rent: $700, 795 SqFt, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 4, Deposit Amt: $700, Electric: Tenant, Garage Type: Detached, Garage Y/N: Yes, Garage/# of Cars: 1, Level: Main
Unit Two
Rent: $725, Rent Frequency: Monthly, 795 SqFt, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 4, Deposit Amt: $950, Electric: Tenant, Garage Type: Detached, Garage Y/N: Yes, Garage/# of Cars: 1, Level: Main
Utilities
# Electric Meters: 2, # Gas Meters: 1, # Water Meters: 1, City
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