613 615 N Fulton Avenue, Evansville, IN 47710
- $525,000
- 10
- BD
- 10
- BA
- 5,105
- SqFt
- List Price
- $525,000
- Status
- ACTIVE
- MLS#
- 202622893
- Days on Market
- 46
- Style
- Two Story
- Year Built
- 1900
- Days On Market
- 46
- Bedrooms
- 10
- Bathrooms
- 10
- Living Area
- 5,105
- Above grade
- 5105
- 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
- $2,100
- Exterior
- Block, Brick
- Heating
- Forced Air
- Cooling
- Window
- Appliances
- Building, Land
- Flooring
- Carpet, Vinyl
- Amenities
- Ceiling-9+
- School District
- Evansville-Vanderburgh School Co
- Elementary School
- Lincoln
- Middle School
- Lincoln
- High School
- Central
- Agent Name
- Jeremy Outlaw
Listing courtesy of Jeremy Outlaw from Catanese Real Estate. 812-454-0989
IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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