1011 Vincennes Street 5 New Albany, IN 47150
Other
MLS #: 202608003
Courtesy Of Schuler Bauer Real Estate Services
Property InformationDescription
Seller would consider - Seller-paid closing costs, Rate buy-down assistance, Renovation credit. Great investment opportunity! This 5-unit property offers immediate income with additional upside potential. Strong rental demand in the area provides an opportunity to increase rents and improve the overall return. Ideal for both seasoned investors and those looking to expand their portfolio. Seller is motivated and open to reviewing all reasonable offers. Flexible terms are possible, including closing cost assistance or creative financing options for qualified buyers. A rare chance to acquire a multi-unit property with value-add potential in a growing market. This 5-unit apartment building offers a rental portfolio with a variety of floor plans. Unit 4 features 3 bedrooms and 3 full baths, while Units 1, 2, and 3 each offer 2 bedrooms and 2 baths-Unit 3 being the only upstairs unit with private deck entry. Unit 5 is a cozy 1 bedroom, 1 bath on the first floor. All units are individually climate-controlled with efficient mini-split systems. A great option for investors seeking consistent rental income with modern amenities already in place.
Features
- Age: Over 50 Years Old
- Building Units: 1
- Legal Description: P 63 S 1/2 L 9 & N 45' L 7
- MLSID: 202608003
MAP & DIRECTIONS
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