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$1,399,966

1143 Covert Avenue Evansville, IN 47714

  • 63 Beds
  • 39 Baths
  • 11,490 sq. Ft
Property Description
The Phoenix is a 39 unit complex consisting of three buildings with 13 units each. Located on the SW corner of Highway 41 and Covert. Each building has a new boiler. Middle building has a laundry area that produces income. Current owner has worked hard rehabbing the units as needed, while building a new tenant base that pays their own electric. Water, trash, and sewer are included. Units are smoke free and pet free. Professionally managed and vacant units rent quickly. Opportunity to increase below market rents. Seller is a licensed real estate agent.
Address:1143 Covert Avenue Evansville IN 47714
Status:Active
on site: 9 days
Price:$1,399,966
Bedrooms:63 Beds
Bathrooms:39 Full Baths
Sq. Feet:11,490
Year Built:1974
Lot Size:1.48
County: Vanderburgh County
Township: Knight
School System : Evansville-Vanderburgh
MLS #:202010876
Property Type:Apartment Building

Lot Dimensions:50x75
Directions:From US 41, west on Covert Ave.
Total Sq. Ft. :11,490
Loan Price
$8,551
Price And Interest $7,303/month
Property Tax $665/month
MTG INS $0/month
HOME INS $583/month
Price
$1,399,966
Down Payment %
0 %
Down Payment
$0
Property Taxes
$665/month
Home Owner Insurance
$6,996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
5th Bedroom 39 x 39Info Not Available
Annual Property Tax:$3,987
Tax Year:2019
Subdivision: None
Zip Code:47714
High School:Bosse
Middle School:Glenwood
Elementary School:Glenwood
Total Sq. Ft.:11,490
Tour This Home
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Tour This Home
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Listing provided courtesy of FC TUCKER EMGE REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.