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Mariah Cressy

mariahcressy@cressyeverett.com +1(574) 339-4941

Listed by eXp Realty, LLC

$345,000

Est. payment - /mo

7 Beds

7 Baths

3,827 SqFt

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,827 sqft

MLS Listing ID IRM202615557

Bedrooms 7

Full Baths 7

HOA Y/N No

Year Built 1939

Annual Tax Amount $3,909

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 184x50

Property Sub-Type Apartment

Property Description

Here is your chance to purchase this beautiful, historic apartment building in the heart of downtown Evansville, right near the edge of Haynie's Corner. This property has so much potential for increased rents and increased value. This building features 9 units: 7 apartment units and 2 garage units rented out for storage. Every unit is currently rented. Some units have undergone light remodeling. Most units are rented well under market value and are prime for steady rent increases or possible short- to mid-term rentals. Rents: Apt A $695/mo, Apt B $731.50/mo, Apt C $709.50/mo, Apt D $650/mo, Apt E $595/mo, Apt F $599.50/mo, Apt G $650/mo, Garage Unit 1 $25/mo, Garage Unit 2 $50/mo. This totals $4,705.50 per month. Average water/sewer/trash utilities run $600–$700/mo. Average electric/gas utilities run $600–$800/mo depending on the season.

Location

State IN

County Vanderburgh County

Rooms

Basement Partial

Interior

Heating Gas

Inclusions Building, Land

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 8

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City, Public

Level or Stories Two

New Construction No

Schools

Elementary Schools West Terrace

Middle Schools Perry Heights

High Schools Francis Joseph Reitz

School District Evansville-Vanderburgh School Corp.

Others

Pets Allowed No

Tax ID 82-06-29-021-070.008-029

Acceptable Financing IRM202615557

Listing Terms IRM202615557

Special Listing Condition None

Pets Allowed No

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Mariah Cressy

+1(574) 339-4941

Broker

21 E Chandler AVE Evansville, IN 47713

Mariah Cressy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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