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Evansville IN Real Estate & Homes for Sale

$235,000
4 Beds ⋅ 1 Baths ⋅ 202627087 MLS ⋅ 2,860 SqFt. ⋅ Evan Birch
This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.

708 Se Third St, Evansville

Listing courtesy of Evan Birch from eXp Realty, LLC. Cell: 812-215-1057
$300,000
4 Beds ⋅ 4 Baths ⋅ 202606565 MLS ⋅ 2,948 SqFt. ⋅ Mark Albini
Attention Investors! Are you looking for a performing and remodeled 4 unit apartment building in downtown Evansville? This is it! This building has been remodeled in the past 2 years. Roof - 1 Year old | All HVAC's - 2 Years old | All Water heaters - 2 years old | Windows, doors, flooring (LVP), kitchens, bathrooms, lights, paint, trims, and more, all within the past 2 years! Tenant pays for electric and gas The landlord pays for water/sewer/trash. Each unit is individually plumbed in the basement, so you can take over and install sub-meters to bill water directly to the tenant if you want to. Total Current Rent $3,040/m | Unit A - $765/m - Market rent is $775-800 | Unit B - $725/m - Market rent is $775-800 | Unit C - $775/m | Unit D - $775/m

800 Line St, Evansville

Listing courtesy of Mark Albini from eXp Realty, LLC. cell: 812-266-0536
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