Register or Login to easily save your searches and favorite listings, and get email alerts as soon as new listings hit the market -- it's fast, easy and free!

541 Hanover Drive Hanover, IN 47243

$240,000 8 8
Price Bedrooms Bathrooms
Price has dropped 7.7% since 11/9/2017 Price History
Status: Active

MLS #: 2017010649

Single Family Sq. Feet: 3968
On Site: 12 Days Lot Size: 0.55 Acres
Zip Code: See All Homes for Sale in 47243
DESCRIPTION
Click Map to Enlarge
Cash Flow Investment Opportunity in this update 4 Plex. 4 Townhome style units, each approx 1000sf w/ 2 BR 1.5 Baths each and 2 Paved off street parking with additional parking in rear. Each units rents for $650 with excellent rental history. Tenant pays all utilities. Water & electric metered separately. Each unit has laundry hookups. 4 new furnace & central AC units in past 2 years, roof 4 years old. 4 new water heaters in past few years. Kitchen appliances remain, Washer/Dryer owned by tenants. Units recently painted w/ new flooring. Owner pays $2100/year for insurance and $2500/year taxes. Do the math, this one is a great cash flowing opportunity. Contact us today and invest while interest rates are so low.
ARCHITECTURE
Bedrooms: 8
Bathrooms: 4 Full / 4 Half
Year Built: 1969
Stories: 2
Style: 2 Story
Foundation: Poured Concrete
FEATURES / AMENITIES
Approx. Sq. Ft.: 3968
Interior: Blinds, Cable Wired, Ceiling Fan(s)
Exterior: Covered Porch, Enclosed Porch, Landscaped, Patio, Paved Driveway, Screens
Appliances: Disposal, Range / Oven, Refrigerator
Heat Type: Heat Pump
Water Heater: Electric
Fuel: Electric
Total Rooms: 24
Main Bedroom: Level: 2nd Floor. Carpet
Main Bedroom: Level: 2nd Floor. Carpet
Main Bedroom: Level: 2nd Floor. Carpet
Main Bedroom: Level: 2nd Floor. Carpet
Living Room: Level: 1st Floor. Carpet
Kitchen: Level: 1st Floor. Vinyl
Bathroom Half: Level: 1st Floor. Vinyl
Bathroom Full: Level: 2nd Floor. Vinyl
Bedroom 1: Level: 2nd Floor. Carpet
Living Room: Level: 1st Floor. Carpet
Kitchen: Level: 1st Floor. Vinyl
Bathroom Half: Level: 1st Floor. Vinyl
Bathroom Full: Level: 2nd Floor. Vinyl
Bedroom 2: Level: 2nd Floor. Carpet
Living Room: Level: 1st Floor. Carpet
Kitchen: Level: 1st Floor. Vinyl
Bathroom Half: Level: 1st Floor. Vinyl
Bathroom Full: Level: 2nd Floor. Vinyl
Bedroom 3: Level: 2nd Floor. Carpet
Living Room: Level: 1st Floor. Carpet
Kitchen: Level: 1st Floor. Vinyl
Bathroom Half: Level: 1st Floor. Vinyl
Bathroom Full: Level: 2nd Floor. Vinyl
Bedroom 4: Level: 2nd Floor. Carpet
PROPERTY FEATURES
Lot Size: 0.55 Acres / 23958 Sq. Ft.
Sewer: Sewer
Water: Public Onsite
Road: Paved
Zoning: Residential
Directions: Take IN-62 E until it merges in Hanover at IN-56. Turn right onto IN-56, and continue into Hanover. Turn left onto Volz Dr. Turn left onto Hanover Dr. Property will be on your left.
COMMUNITY, TAX AND RELATED INFO
County: Jefferson_IN
Land Assessment: $ 8500
Name Email Phone Currently working with one of our agents? Anti spam Question 9 + 4 = Send Inquiry
Listing Information Last Updated 11/20/2017
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
 Loading Similar Listings