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118 Rhodes St 8 Unit Apartment Building $1,395,920 CAD ($174,490 CAD/Unit) South Bend, IN 46637
EXECUTIVE SUMMARY
118 Rhodes St, more commonly known as "Gold Apartments", is an 8-unit multifamily building located just off of IN-933 in Roseland, IN. The property is in close proximity to the University of Notre Dame, Holy Cross College, Saint Mary's College, retail amenities, and downtown South Bend. There are 8 - two bedroom units, each with kitchenette, living room, utility closet, two bedrooms, and two bathrooms. This is an exciting opportunity to acquire a great investment opportunity in the Notre Dame corridor.
•Eight two-bedroom two-bathroom units listed at $1,400 per month
•Nicely finished units and entryway
•Some units come partially furnished
•Ample surface parking available right outside complex
•Proximal location near the University of Notre Dame, St. Mary's, and Holy Cross College
•Excellent location that also offers great access for any tenants that need to commute for work or take advantage of downtown South Bend amenities
•Value Add opportunity -Tenants currently do not pay their own utilities, however, the building is separately metered for electric and could be transitioned to tenant paid utilities
•Eight two-bedroom two-bathroom units listed at $1,400 per month
•Nicely finished units and entryway
•Some units come partially furnished
•Ample surface parking available right outside complex
•Proximal location near the University of Notre Dame, St. Mary's, and Holy Cross College
•Excellent location that also offers great access for any tenants that need to commute for work or take advantage of downtown South Bend amenities
•Value Add opportunity -Tenants currently do not pay their own utilities, however, the building is separately metered for electric and could be transitioned to tenant paid utilities
PROPERTY FACTS
| Price | $1,395,920 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $174,490 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| No. Units | 8 | Building Size | 8,418 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2007 |
| Zoning | Residential | ||
| Price | $1,395,920 CAD |
| Price Per Unit | $174,490 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 8,418 SF |
| No. Stories | 2 |
| Year Built | 2007 |
| Zoning | Residential |
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Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 71-03-25-152-005.000-007 | Improvements Assessment | $643,251 CAD |
| Land Assessment | $23,985 CAD | Total Assessment | $667,236 CAD |
PROPERTY TAXES
Parcel Number
71-03-25-152-005.000-007
Land Assessment
$23,985 CAD
Improvements Assessment
$643,251 CAD
Total Assessment
$667,236 CAD
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118 Rhodes St
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