613 615 N Fulton AVE, Evansville, IN 47710
613 615 N Fulton AVE, Evansville, IN 47710
613 615 N Fulton AVE, Evansville, IN 47710
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Listed by Catanese Real Estate
$499,900
Est. payment /mo
10 Beds
10 Baths
5,105 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,105 sqft

MLS Listing ID IRM202622893

Bedrooms 10

Full Baths 10

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,012

Tax Year 5012

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50

Property Sub-Type Apartment

Property Description

Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. All tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor's portfolio.

Location

State IN

County Vanderburgh County

Rooms

Basement None

Interior

Heating Forced Air

Inclusions Building, Land

Fireplace N

Exterior

Amenities Available None

Waterfront Description None

View Y/N true

Total Parking Spaces 5

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City, Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Lincoln

Middle Schools Lincoln

High Schools Central

School District Evansville-Vanderburgh School Corp.

Others

Pets Allowed No

Tax ID 82-06-19-029-093.007-029

Acceptable Financing IRM202622893

Listing Terms IRM202622893

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202622893


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Mariah Cressy

Mariah Cressy

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