Residential Income in Evansville

$355,000

21 Chandler, 47713, Evansville, IN

Residential Income for sale in Evansville, 21 Chandler, 47713, 3827 m²

21 Chandler, 47713, Evansville, IN

$355,000

7Bed
7Bath
3827
Type: Residential Income

Description

Here is your chance to purchase this beautiful, historic apartment building in the heart of downtown Evansville, right near the edge of Haynie's Corner. This property has so much potential for increased rents and increased value. This building features 9 units: 7 apartment units and 2 garage units rented out for storage. Every unit is currently rented. Some units have undergone light remodeling. Most units are rented well under market value and are prime for steady rent increases or possible short- to mid-term rentals. Rents: Apt A $695/mo, Apt B $731.50/mo, Apt C $709.50/mo, Apt D $650/mo, Apt E $595/mo, Apt F $599.50/mo, Apt G $650/mo, Garage Unit 1 $25/mo, Garage Unit 2 $50/mo. This totals $4, 705.50 per month. Average water/sewer/trash utilities run $600–$700/mo. Average electric/gas utilities run $600–$800/mo depending on the season.

Location

21 Chandler, 47713, Evansville, IN

Data

Object TypeResidential Income
Purchase Price$355,000
Living Space3827 m²
Plot Size849.88 m²
Bathrooms7
Construction Year1939
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction Year1939
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent