Great investment opportunity in Union City Indiana. Mixed use building offers retail space and 2 apartments. Retail space is approximately 1840 sf split into 2 rooms and rents for $425/mo. Tenant has been in this space for 16 years! Second level contains 2 apartments and laundry facility. The 1 bedroom apartment rents for $450/mo and the 2 bedroom rents for $495/mo. Both units are very nice and come fully furnished. There are 3 heating and air conditioning units in the building, one for each unit. There are separate meters for the electric and gas, but only 1 water meter. Landlord pays all utilities and bills tenants back for usage, including water. Rubber membrane roof was new in June 2014. This is a good looking building and offers better than 12% ROI for an investor. Call today for additional details or to schedule a showing.
|Income Per Capita:||$37,781|
|Pop Density Sq.Mi.:||68|
|Temp Jan (avg):||25.3|
|Temp July (avg):||72.9|
|Air pollution index:||223|
|High school degree:||1,839|
|Households w/ children:||697|
|Net Worth (average):||$268,406|
|Income Median 0-25:||$27,812|
|Income Median 25-44:||$39,196|
|Income Median 45-64:||$43,611|
|Income Median 65+:||$32,778|
|Mortgage Debt Median:||$47,587|
|Home Equity Median:||$104,646|
|Work Travel (median):||34 min|
|Dwelling Median Age:||55|
|Airport(major):||James M Cox Dayton International|
About Southeast Indiana
Southeastern Indiana Overview
Once primarily a bedroom community for nearby Cincinnati, the southeastern Indiana area has changed dramatically in recent years. Many area residents still work in Cincinnati and its suburbs, but most choose to live here for its country living. Some of the state’s earliest architecture can be found here. Southeastern Indiana is a curious mix of agricultural and industrial enterprises with plenty of rural acreage to call home.
You need a car or a boat to get around in Southeastern Indiana. I-275, and I-74 provide interstate access. St. Rts. 1, and 101 meander throughout the region just 30 minutes from downtown Cincinnati.
Dearborn County Hospital in Lawrenceburg serves the growing area’s medical needs, as well as Rush Memorial Hospital, and Margaret Mary Community Hospital in Batesville. Hospitals in Cincinnati are about 45 minutes away.
Shopping is primarily in the bigger cities in their commercial districts, but many neighborhood and villages offer their own convenience outlets to meet every need. Specialty and antique stores abound in Southeastern Indiana, and are worth a special trip. Several burgeoning artists communities with one-of-a-kind offerings entice you to shop and browse.
Nestled in a scenic river valley, outdoor recreation is abundant here with the opportunity to hike, bicycle or drive to explore the breathtaking hills and valleys. The Ohio River provides access via numerous deep-water marinas and fishing recreation. Nearby Brookville Lake is the center of water sports; canoes frequent the White Water River during the spring and summer seasons. Several state parks dot the region; Perfect North Slopes provides the region’s only ski resort area. Entertainment includes the nearby gambling boats not only for their gaming opportunities, but also for their sports and entertainment complexes.