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$429,900

2704 Old Hwy 41 S Highway Vincennes, IN 47591

Property Description
CASH FLOW, CASH FLOW, CASH FLOW!! Directly located on Old Hwy 41, with convenient access available to US Hwy 41 this property boasts prime location, AND business potential. This 3.32 Acres features storage units, and multi-unit month to month leased apartments. (13) - 10x20 storage units, (3) 15x30 storage units, and (4) 15x45 storage units. Property presently has 4 rented apartments, and 2 additional ready for tenants to move in too. All apartments feature baseboard electric heat with 1 apartment featuring a wood burning stove. Additional 4 more apartments are on site but are requiring some TLC before ready for rent. There's enough additional ground where more storage units, apartments, or even RV spots could be utilized to increase your cash flow as well. -30 minute drive to Toyota -Less than 60 minute to Evansville If you've been looking for a real estate opportunity that features multi unit apartments and additional cash flow with storage units, then you will definitely see the hidden value on this 3.32 acres. Let your entrepreneurial spirit thrive with ideas galore!!
Address:2704 Old Hwy 41 S Highway Vincennes IN 47591
Status:Active
on site: 9 days
Price:$429,900
Bathrooms:0
Year Built:1953
Lot Size:3.32
County: Knox County
Township: Vincennes
MLS #:202100468
Property Type:Mixed Use

Lot Dimensions:3.32 Acres
Directions:From US Highway 41 ramp, turn onto Old US Hwy 41 and head south. Property is located on the left side of road.
Basement:No
Loan Price
$3,399
Price And Interest $2,243/month
Property Tax $977/month
MTG INS $0/month
HOME INS $179/month
Price
$429,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$977/month
Home Owner Insurance
$2,148 / 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
Den 6 x 600 Info Not Available
Annual Property Tax:$5,862
Tax Year:2019 Pay 2020
Subdivision: None
Zip Code:47591
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company, Inc.
Customer Service Evansville
Additional Phone (812) 402-0200
Active
2704  Old Hwy 41 SHighway Vincennes, IN 47591

1231 Main Street

0.16 Lot Size

$69,500

Get more information

Listing provided courtesy of RE/MAX Mainstream.

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.