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$575,000

1566 S Kentucky Avenue S Evansville, IN 47714-3473

  • 22 Beds
  • 13 Baths
  • 16,383 sq. Ft
Property Description
Looking to build your investment portfolio? This offering consists of a total of 4 professionally managed buildings (three 4-unit buildings and 1 house). All units are occupied (some new tenants and some long term tenants) allowing you to start in the green. Highly Desirable Neighborhood, near IU Medical School, University of Evansville, Memorial and Bosse High Schools, and the Private Charter School Joshua Academy. Brick exteriors for low maintenance, plenty of off street parking and laundry hook-ups available. Additional income is available with 4 car garage rental. Landlord pays water in 1566, tenant pays all other utilities. Tenant pays all utilities in 1550 and 1556. All multiplexes have house meters and average $15-20 per month. Recent updates to properties: 1550 S Kentucky - Unit D HVAC condenser replaced - June 2018 - All Units - new commercial carpet in common areas - June 2018 1556 S Kentucky - All Units - new commercial carpet in common areas - June 2018 1562 S Kentucky - Roof replaced - June 2018. Charming brick Tudor style home. Updated kitchen & baths. Bedrooms upstairs with full bathroom & offers an unfinished basement. 1566 S Kentucky - all units vacated and totally remodeled - Both Garage Doors Replaced - June 2018 - All Units - new commercial carpet in common areas - June 2018 - All Units - exterior common doors replaced with steel doors - June 2018 - All landscaping updated spring 2018 - All Units - new flooring/paint throughout
Address:1566 Kentucky Avenue Evansville IN 47714-3473
Status:Active
on site: 258 days
Price:$575,000
Bedrooms:22 Beds
Bathrooms:13 Baths
Sq. Feet:16,383
Year Built:1940
Lot Size:0.23
Township:Knight
School System : Evansville-Vanderburgh
MLS #:201903798
Property Type:Apartment Complex

Lot Dimensions:45 FF X 125 Dpth & 82 FF X 125 Dpth
Directions:From Hwy 41 turn west on Bellemeade, then south onto Kentucky. Proceed to subject property on left.
Total Sq. Ft. :16,383
Loan Price
$3,239
Price And Interest $2,999/month
Property Tax $0/month
MTG INS $0/month
HOME INS $240/month
Price
$575,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,880 / 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
4th Bedroom 13 x
5th Bedroom 0 x 0
Kitchen 495 x 495
Family Room 495 x 495
Dining Room 0 x 495
Living Room 9 x 09
Annual Property Tax:$000
Tax Year:2017
Subdivision:Hart Place
Zip Code:47714-3473
High School:Bosse
Middle School:Glenwood
Elementary School:John M Culver
Total Sq. Ft.:16,383
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Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of eXp Realty, LLC.

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