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$849,900 (Pending)

612 E Main Street New Albany, IN  47150

  • 5,616 sq. Ft

Property Description for 612 E Main Street New Albany, IN 47150

TURNKEY 8-PLEX in the heart of historic Downtown New Albany on Mansion Row! This charming building features 7 1-bedroom apartments and 1 studio apartment nestled in a beautifully restored historic home, offering the perfect blend of vintage character and modern convenience. ALL 8 units are currently rented and cash flowing! Current owner has done a full renovation including total window repair and all new storm windows, masonry work, exterior and interior repaint, basement waterproofing, exterior grading and drains, as well as updating each individual unit! Each unit has covered balcony/patio access, and the building also includes a large rear parking lot for off street tenant parking! This building's prime location offers great walkability to shops, restaurants, and entertainment. You truly have to see this one in person to appreciate the historic charm! Own a piece of New Albany history with this cash-flowing investment!

Address:612 E Main Street New Albany IN 47150
Status:Pending
on site: 114 days
Price:$849,900
Bathrooms:0
Sq. Feet:5,616
Year Built:1929
Lot Size:0.44
County: Floyd
Township: New Albany
MLS #:202405417
Property Type:MultiFamily

Lot Dimensions:19166.4
Directions:Downtown New Albany to Main Street. Building is on the river side of the street.
Total Sq. Ft. :5,616

Loan Price
$5,222
Price And Interest $4,433/month
Property Tax $435/month
MTG INS $0/month
HOME INS $354/month
Price
$849,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$435/month
Home Owner Insurance
$4,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$2,613
Mandatory HOA Fee:$

Zip Code:47150

Total Sq. Ft.:5,616
Exterior Type:Frame
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 612 E Main Street New Albany, IN  47150


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Listing provided courtesy of Alison Koopman with Lopp Real Estate Brokers

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 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.



New Albany Market Report

251
Avg. DOM
$166.57
Avg. $ / Sq.Ft.
$ 279,900
Med. List Price

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