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    1566 S Kentucky Avenue

    Evansville, IN 47714
    • $575,000
    • STATUS: Active
    • ON SITE: 710 days
    • MLS #: 201903798
    UPDATED: 43 min ago
    $575,000
    • 22
      BEDS
    • 0.23
      ACRES
    • 13
      BATHS
    • 0
      1/2 BATHS
    • 16,383
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    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

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2021-01-15T17:28:19.16.

    www.parkerteamhomes.com/homes/91558450
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    1566 S Kentucky Avenue Evansville, IN 47714

    • Price: $575,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 201903798
    22
    Beds
    13
    Baths
    0
    ½ Baths
    0.23
    Acres
    16,383
    SQFT
    $35
    $/SQFT
    1940
    Built
    Neighborhood:
    Hart Place
    County:
    Vanderburgh
    Area:
    Vanderburgh
    Elementary School:
    John M Culver
    Middle School:
    Glenwood
    High School:
    Bosse
    School District:
    Evansville-Vanderburgh School Co
    Property Description
    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
    Exterior Features

    Exterior Brick Lot Description Level0-2.9999 Lot Dimensions 45 Ff X 125 Dpth & 82 Ff X 125 Dpth Outbuilding None Parking Spaces 0 Pool YN No Style Two Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 22 Above Grade Finished Sqft 16383 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingCable ReadyWasher Hook-UpOther-See Remarks Basement Foundation None Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetCeramic TileVinyl Tile Heating Fuel Forced Air Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 13 Total Below Grade Sqft 0 Total Sq Ft 16383 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit5 Bathrooms 1 Unit5 Bedrooms 2 Unit6 Bathrooms 1 Unit6 Bedrooms 2 Wash Dry Hookups 13 Washers 0

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 69012 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 62860.64 Annual Property Tax 6151.36 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Buildings 4 Efficiencies 0 Electric Meters 13 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 5751 Gross Monthly Rent 5751 Inside City Limits Yes Lease Term 1 YearRenewal Options New Construction No One Bedrooms 4 Owner Pays Other Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Complex Reo YN No Sale Includes BuildingLandLease Sewer Public Tenant Pays Other Three Bedrooms 0 Township Knight Two Bedrooms 9 Unit1 Unit Rent 495 Unit2 Unit Rent 495 Unit3 Unit Rent 495 Unit4 Unit Rent 495 Unit5 Unit Rent 495 Unit6 Unit Rent 495 Units Rented 11 Water Meters 13 Water Utility Public Year Taxes Payable 2017

    Listing courtesy of Kimberly Clark of Exp Realty, Llc.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2021-01-15T17:28:19.16.

     
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