West Evansville 4-plex with great income potential

1908 W Indiana Street, Evansville, Indiana, 47712

Photos

* FOR SALE

$197,000

MLS: 13016-264014

0.17 Acres

3,968 SqFt

8 beds

4.0 baths

What You Should Know

4 unit complex
2Br/1 bath each
90% occupancy ratio
Many updates
Good income
Good Renters
School
Large Kitchen
Central Air
Parking
Restaurants/Shopping
Appliance

Why You'll Love It

This west side four-plex is an awesome investment opportunity in today's real estate market. The building offers four 2 BR/ 1 bath apartments with separate utilities except water. Each unit has central A/C and heat with a stove and refrigerator. Three units have washer & dryer hook-up (one has a washer& dryer), all with 100 amp services. The units also have all new wiring and mostly new plumbing. Units are all well insulated and have newer HVAC services as well. Roof is only 2 yrs old! Owner pays water & trash pick-up. Over a 90% occupancy rate for the past 20 years with current rent income at $2375 monthly. Good profit, loyal renters, great business.