1566 S Kentucky Avenue, Evansville, IN 47714

1566 S Kentucky Avenue, Evansville, IN 47714 - MLS #: 201903798

Active $575,000
16383 Sq Ft 22 Bedrooms 13 Bathrooms 0 Half Bathrooms
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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

Additional Details

  • NEIGHBORHOOD: Hart Place
  • TYPE: Apartment Complex
  • YEAR BUILT: 1940
  • COUNTY: Vanderburgh County
  • ELEMENTARY SCHOOL: John M Culver
  • MIDDLE SCHOOL: Glenwood
  • HIGH SCHOOL: Bosse
  • ACRES 0.2324
  • LOT DIMENSIONS: 45 FF X 125 Dpth & 82 FF X 125 Dpth
  • LOT DESCRIPTION: Level, 0-2.9999
  • APPLIANCES: Building, Land, Lease
  • SQFT TOTAL: 16383
  • STYLE: Two Story
  • AMENITIES: Off Street Parking, Cable Ready, Washer Hook-Up, Other-See Remarks
  • WATER UTILITY: Public
  • SEWER UTILITY: Public
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Listing provided courtesy of: Kimberly Clark - eXp Realty, LLC

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