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Listing Details

MLS 202236544: 425000
INVESTMENT: Fourplex

Status: Active

512 S Lincoln Park Drive
Evansville, IN 47714
(map)
Area: Vanderburgh County
Subdivision: None
School District: Evansville-Vanderburgh School Co
Elementary School: Harper
Middle School: Washington
High School: Bosse
NEW LISTING
Contact:
812-760-6576
812-422-4096
Buyer Broker Compensation: 3%
Offer of compensation is made only to participants of the Indiana Regional Multiple Listing Service, LLC (IRMLS).
5470 Total Finished SqFt
5 bedrooms
5 full baths
Built 1937
0.32 acres
This rare opportunity to invest in a meticulously maintained, purpose built, four-plex just came up. Conveniently located on Evansville's east side, half a block from the University of Evansville. This property includes 4 units consisting of three - 1 bed/1 bath units and one - 2 bed/2 bath unit. Some of the most unique features of this four-plex are the fully screened in porches and hardwood flooring. With such charming features and all major systems in great condition, this property will surely not be available for long! All units are currently leased and are separately metered for gas/electric. Landlord pays water/sewer/trash, common area lighting, lower level laundry and hot water. Coin operated laundry in lower level for additional income.
Additional Photos
Listing Features
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# of Units:4
# of Buildings:2
# of Stories:
# of 1 Bedroom Units:3
# of 2 Bedroom Units:1
# of Parking Spaces:4
# of Electric Meters:5
# of Water Meters:1
# of Gas Meters:4
Unit 1 Sq. Ft.:863
Unit 1 Rooms:5
Unit 1 Bedrooms:1
Unit 1 Bathrooms:1
Unit 1 Parking:1
Unit 2 Sq. Ft.:863
Unit 2 Rooms:5
Unit 2 Bedrooms:1
Unit 2 Bathrooms:1
Unit 2 Parking:1
Unit 3 Sq. Ft.:863
Unit 3 Rooms:5
Unit 3 Bedrooms:1
Unit 3 Bathrooms:1
Unit 3 Parking:1
Unit 4 Sq. Ft.:1149
Unit 4 Rooms:6
Unit 4 Bedrooms:2
Unit 4 Bathrooms:2
Unit 4 Parking:1
Amenities:Basement,Ceiling Fan,Near Walking Trail,Storage,Open Floor Plan,Porch Screened
Basement/Foundation:Crawl,Full Basement
Basement Material:Block
Cooling System:Central Air,Multiple Cooling Units
Heating System:Gas,Forced Air,Multiple Heating Systems
Exterior:Brick
Sale Includes:Building,Land,Lease
Financing:Cash,Conventional
Lease Term:1 Year
Owner Pays:Building Insurance,Lawn Maintenance,Maintenance,Sewer,Trash Collection,Water
Tenant Pays:Cable,Cooling,Electric,Fuel,Heating,Deposit Value
Floors:Carpet,Wood,Tile
Water Utility:City
Lot Description:Level
Roof:Dimensional Shingles
Sewer:City
Parking:Garage,Off Street,Street
Style:Two Story
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