645 Riley Blvd is amulti-family property for lease in Bedford, IN.
13 duplex type building consisting of 6 ranch type duplex units & 7 townhouse type duplex units. All are 2 BR, 1 Bath units of various sizes. All are duplex structures with the townhouse units having the bedrooms on the upper level. Unit sizes are as follows: ranch type are in 2 different sizes: 26' x'48' - 4 buildings, 8 units @ 624 SF; 26' x 52' - 2 buildings, 4 units @ 676 SF; townhouse type are all 24' x 32' with a 2' overhang on the 2nd level, for at total of 1600 SF in each of 7 buildings or 800 SF per unit for 14 units. Each unit has a stove, refrigerator & hood fan, all were recently replaced in 2010/2011. Per recent appraisal, effective age is 15 yrs. Performs well, fully occupied. Financials available upon request. A rural setting but minutes to the local high school and the down town area. This property was rehabbed over the past 2 years.
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