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    2704 Old Hwy 41 S Highway

    Vincennes, IN 47591
    • $429,900
    • STATUS: Active
    • ON SITE: 99 days
    • MLS #: 202100468
    UPDATED: 61 min ago
    $429,900
    • 0
      BEDS
    • 3.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 600
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    Description

    CASH FLOW, CASH FLOW, CASH FLOW!! Directly located on Old Hwy 41, with convenient access available to US Hwy 41 this property boasts prime location, AND business potential. This 3.32 Acres features storage units, and multi-unit month to month leased apartments. (13) - 10x20 storage units, (3) 15x30 storage units, and (4) 15x45 storage units. Property presently has 4 rented apartments, and 2 additional ready for tenants to move in too. All apartments feature baseboard electric heat with 1 apartment featuring a wood burning stove. Additional 4 more apartments are on site but are requiring some TLC before ready for rent. There's enough additional ground where more storage units, apartments, or even RV spots could be utilized to increase your cash flow as well. -30 minute drive to Toyota -Less than 60 minute to Evansville If you've been looking for a real estate opportunity that features multi unit apartments and additional cash flow with storage units, then you will definitely see the hidden value on this 3.32 acres. Let your entrepreneurial spirit thrive with ideas galore!!

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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: 2021-04-16T18:28:07.307.

    www.parkerteamhomes.com/homes/113055709
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    2704 Old Hwy 41 S Highway Vincennes, IN 47591

    • Price: $429,900
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 202100468
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.32
    Acres
    600
    SQFT
    $717
    $/SQFT
    1953
    Built
    Neighborhood:
    None
    County:
    Knox
    Area:
    Knox
    Property Description
    CASH FLOW, CASH FLOW, CASH FLOW!! Directly located on Old Hwy 41, with convenient access available to US Hwy 41 this property boasts prime location, AND business potential. This 3.32 Acres features storage units, and multi-unit month to month leased apartments. (13) - 10x20 storage units, (3) 15x30 storage units, and (4) 15x45 storage units. Property presently has 4 rented apartments, and 2 additional ready for tenants to move in too. All apartments feature baseboard electric heat with 1 apartment featuring a wood burning stove. Additional 4 more apartments are on site but are requiring some TLC before ready for rent. There's enough additional ground where more storage units, apartments, or even RV spots could be utilized to increase your cash flow as well. -30 minute drive to Toyota -Less than 60 minute to Evansville If you've been looking for a real estate opportunity that features multi unit apartments and additional cash flow with storage units, then you will definitely see the hidden value on this 3.32 acres. Let your entrepreneurial spirit thrive with ideas galore!!
    Exterior Features

    Construction Type1 C-E Exterior Aluminum Fire Doors YN No Location City Lot Dimensions 3.32 Acres Parcel Description 3-5.9999 Parking GravelLotOff-StreetUnpaved Parking Type Gravel Lot Parking YN Yes Road Access City Roof Material Shingle Sea Wall Type None Security Light YN No Signs YN No Water Features None Waterfront YN No

    Interior Features

    Basement Foundation None Basement YN No Bldg1 Above Grd Sq Ft 600 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10 Column Spacing N/A Cooling Central Air Flooring CarpetLaminateOtherUnfinished Heating Fuel WoodBaseboard Interior Height 12 Interior Walls DrywallUnfinished Internal Rooms KitchenOfficeStorageWarehouse Special Features None Total Restrooms 0

    Property Features

    Annual Taxes 5861.62 Auction YN No Buildings 6 Burglar Alarm YN No Currently Leased YN Yes Documents Available Aerial Photo Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Ingress Egress Gravel Lease Term Remaining Month To Month New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Storage Unit/Facility Property Sub Type Mixed Use Proposed Financing CashConventional Reo YN No Sale Includes BuildingFurnitureLand Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Vincennes Water Company Vincennes Water Utilities Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2019 Pay 2020

    Listing courtesy of Trey Miller of Re/Max Mainstream.
    © 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: 2021-04-16T18:28:07.307.

     
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    Parker Team | Keller Williams Realty
    3298 McCarty Lane Suite A
    Lafayette IN, 47905