$229,900 Price Analysis    ♡   Evansville, IN 47710 1 bed 6 bath 2,414 SqFt ($95/SqFt) 3,150SqFt lot. Built 1869 Listed 2024-03-13 | ✓ USDA Eligible near Evansville, IN Restrictions may apply due to home size |
Great investment opportunity.
This property is a well maintained 6 plex apartment building with 5 efficiency and 1 single bedroom units that is fully occupied with many long-term tenants with active leases.
Some tenants have occupied the building for over 7 + years. Owner pays all utlities. T he property is located at the gateway to the Franklin Street district across from EFD hose house and Willard Library.
Presented by Angela Bullock at
Evansville Lifestyle Realty LLC.
Property MLS #202408184 from IRMLS
Bedrooms: 1
Total Bathrooms: 6 / 0
Full Bathrooms: 6
Full Bathrooms: 6
Cooling Features: Window
Fuel Expense: 1492
Heating Features: Gas, Wall Heater, Multiple Heating Systems
Energy Star A/C
Fuel Expense: 1492
Heating Features: Gas, Wall Heater, Multiple Heating Systems
Energy Star A/C
Furnished Description: Building
Flooring: Laminate, Vinyl
Flooring: Laminate, Vinyl
Basement Description: Crawl, Partial Basement, Unfinished
Fencing: Partial, Privacy, Woven Wire
Road Access: City
Road Surface Type: Asphalt
Road Access: City
Road Surface Type: Asphalt
Lot Description: Corner, Level
Lot Size Acres: 0.072314
Lot Size Dimensions: 50 X 63
Lot Size Square Feet: 3150
Lot Size Acres: 0.072314
Lot Size Dimensions: 50 X 63
Lot Size Square Feet: 3150
Driveway: Gravel
Garage Spaces: 3
Garage Description: Gravel, Street, Off Site, Unpaved
Garage Spaces: 3
Garage Description: Gravel, Street, Off Site, Unpaved
Elementary School: Cedar Hall
High School: North
Middle School: North
School District: Evansville-Vanderburgh School Co
High School: North
Middle School: North
School District: Evansville-Vanderburgh School Co
Lincoln School is a public elementary and middle school located approximately 1.5 miles away.
Map directions
Map directionsCentral High School is a public high school located approximately 3.4 miles away.
Map directions
Map directionsWestside Catholic School/St Boniface Campus is a private elementary and middle school located approximately 0.9 miles away.
Map directions
Map directionsNumber of Units: 6
Number of Studio Units: 5
Number of 1 Bedroom Units: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-6: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 3
Total Rooms in Unit-5: 3
Total Rooms in Unit-6: 3
Unit 1 Total Actual Rent: 300
Unit 2 Total Actual Rent: 300
Unit 3 Total Actual Rent: 500
Unit 4 Total Actual Rent: 500
Unit 5 Total Actual Rent: 400
Unit 6 Total Actual Rent: 500
Number of Studio Units: 5
Number of 1 Bedroom Units: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-6: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 3
Total Rooms in Unit-5: 3
Total Rooms in Unit-6: 3
Unit 1 Total Actual Rent: 300
Unit 2 Total Actual Rent: 300
Unit 3 Total Actual Rent: 500
Unit 4 Total Actual Rent: 500
Unit 5 Total Actual Rent: 400
Unit 6 Total Actual Rent: 500
Income Includes: 30000
Lease Term: 1 Year
Tenant Pays: Cable, Deposit Value
Lease Term: 1 Year
Tenant Pays: Cable, Deposit Value
Sidewalks
Community Features: Off Street Parking, Near Walking Trail, Cable Available, Countertops-Laminate, Eat-In Kitchen, Water Heater Gas
Community Features: Off Street Parking, Near Walking Trail, Cable Available, Countertops-Laminate, Eat-In Kitchen, Water Heater Gas
Maintenance Expense: 1000
Annual Tax Amount: 1348
Source Listing Status: Active
County: Vanderburgh County
Directions: Franklin St West to N Fourth Ave. Property on the S/W corner across from EFD fire station and Willard Library.
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 551
Source Neighborhood: Lamasco
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Owner Pays: Electric, Fuel, Sewer, Trash Collection, Water
Parcel Number: 82-06-19-029-061.001-029
Property Location: City/Town/Suburb, Near Walking Trail
Subdivision: Lamasco
Township: Pigeon
Source System Name: C2C
Source Listing Status: Active
County: Vanderburgh County
Directions: Franklin St West to N Fourth Ave. Property on the S/W corner across from EFD fire station and Willard Library.
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 551
Source Neighborhood: Lamasco
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Owner Pays: Electric, Fuel, Sewer, Trash Collection, Water
Parcel Number: 82-06-19-029-061.001-029
Property Location: City/Town/Suburb, Near Walking Trail
Subdivision: Lamasco
Township: Pigeon
Source System Name: C2C
Listed 2024-03-13
$229,900
IRMLS
$229,900
IRMLS
Net Operating Income: 15156
Total Square Feet Living: 2414
Year Built: 1869
Above Grade Finished Area: 2414
Below Grade Unfinished Area: 400
Construction Materials: Brick
Property Age: 155
Roof: Asphalt, Shingle
Levels or Stories: 2
Structure Type: Apartment Building
House Style: Two Story
Total Area Main: 1454
Total Area Sqft: 2814
Total Area Upper: 1154
Total Below Grade Area: 400
Architectural Style: Traditional
Year Built: 1869
Above Grade Finished Area: 2414
Below Grade Unfinished Area: 400
Construction Materials: Brick
Property Age: 155
Roof: Asphalt, Shingle
Levels or Stories: 2
Structure Type: Apartment Building
House Style: Two Story
Total Area Main: 1454
Total Area Sqft: 2814
Total Area Upper: 1154
Total Below Grade Area: 400
Architectural Style: Traditional
Electric Expense: 3076
Sewer: City
City
Water Sewer Expense: 2377
Sewer: City
City
Water Sewer Expense: 2377
Green Energy Efficient: Energy Efficient: Appliances, Electrical/Lighting, Roofing, Enrgy Efficient Win/Doors: Storm Doors
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.