613 615 N Fulton Ave, Evansville, IN 47710
- $499,900
- 10
- BD
- 10
- BA
- 5,105
- SqFt
Listing courtesy of Jeremy Outlaw from Catanese Real Estate.
- List Price
- $499,900
- Status
- ACTIVE
- MLS#
- 202622893
- Price Change
- ▼ $25,100 1787978056
- Year Built
- 1900
- Days On Market
- Unknown
- Bedrooms
- 10
- Bathrooms
- 10
- Living Area
- 5,105
- Township
- Pigeon
Property Description
Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. Most tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor’s portfolio.
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Additional Information
- Acres
- 0.14
- Taxes
- $5,012
- Lot Features
- Level
- Water
- City, Public
- Heating
- Forced Air
- Cooling
- Window/Wall
- Flooring
- Carpet, Vinyl
- School District
- Evansville-Vanderburgh School Corp.
- Elementary School
- Lincoln
- Middle School
- Lincoln
- High School
- Central
- Agent Name
- Jeremy Outlaw
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 