Remarks

Investment opportunity awaits new owners for this 2 story, fully rented 12 unit apartment complex. Each unit has 2 bedrooms, eat-in kitchen & living room. Tenant pays internet/cable and electric. Landlord pays trash removal, water/sewer bill, common area electric, lawn maintenance, building maintenance & building insurance. Property has off street and street parking and located on a corner lot. Unit 7 *rent would be $800. mo. dept. of $0. rental is month to month. Unit 8 rent is $650. mo. dept. of $500. rental is month to month. Unit 9 rent is $800. mo. dept. of $800. year lease till October 1, 2025. Unit 10 rent is $800. mo. dept. of $800. year lease till February 19, 2025. Unit 11 rent is $850. mo. dept. of $800. rental is month to month. Unit 12 rent is $700. mo. dept. of $0. Rental is month to month.

Details

MLS#: 202441091
Price: $700,000

Style: Apartment Complex
Bedrooms: 24
Baths Full: 12
Baths Half: 0
Sq Ft: 10366

County: Knox County
Subdivision: Old Town
Lot Size: Rectangular

School Elementary: Riley
School Middle: Clark
School High: Lincoln
School District: Vincennes Community School Corp.