Homes for sale - 304 Shelby ST, Vincennes, IN 47591

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Steve Lew Real Estate Group

info@listwithlew.com +1(317) 868-5478

Listed by Dillian Howard • AMR Real Estate LLC

$ 660,000

Est. payment | -/mo

9,776 SqFt

Save

$ 660,000

Est. payment | -/mo

Save

9,776 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 9,776 sqft

Price per Sqft $67

MLS Listing ID 22001625

Year Built 1968

Tax Year 2023

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi-Family 5+

Property Description

Discover a prime investment opportunity just 2 blocks from Vincennes University with this well-maintained 12-unit apartment building featuring all units as 2-bedroom, 1-bath layouts. Enjoy consistent cash flow with the property historically maintaining at least 90% occupancy. Tenants cover electric, owner pays water, sewer, and trash expenses. Due to rising demand there's substantial opportunity for rent increases, enhancing future profitability. Please call Listing Agent for showing inquiries. POF will be required. Rent Roll and Expenses upon request. Broker Owned

Location

State IN

County Knox

Zoning Mixed Residential

Interior

Heating Electric

Cooling Central Electric

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Story Two

Foundation Crawl Space

New Construction false

Schools

Middle Schools George Rogers Clark School

High Schools Lincoln High School

School District Vincennes Community School Corp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 868-5478

info@listwithlew.com

550 US 31 S., Greenwood, Indiana, 46142, USA

304 Shelby ST Vincennes, IN 47591