613 615 N Fulton Avenue, Evansville, IN 47710
613 615 N Fulton Avenue, Evansville, IN 47710
613 615 N Fulton Avenue, Evansville, IN 47710
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$525,000
Est. payment /mo
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10 Beds
10 Baths
5,105 SqFt
Active

613 615 N Fulton Avenue Evansville, IN 47710

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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 5,105 sqft

MLS Listing ID 202622893

Style Two Story

Bedrooms 10

Full Baths 10

Abv Grd Liv Area 5,105

Total Fin. Sqft 5105

Year Built 1900

Annual Tax Amount $2,100

Tax Year 5012

Lot Size 6,098 Sqft

Property Sub-Type Apartment Building

Property Description

Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. Most tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor's portfolio.

Location

State IN

County Vanderburgh County

Area Vanderburgh County

Direction From Lloyd Expressway head north on Fulton Ave Property is located on the right.

Rooms

Family Room 595 x 595

Dining Room 0 x 595

Kitchen , 595 x 595

Interior

Flooring Carpet, Vinyl

Appliance Building, Land

Laundry , 5

Exterior

Exterior Feature None

Garage Spaces 1.0

Amenities Available Ceiling-9+

Total Parking Spaces 5

Building

Lot Description Level

Story 2

Structure Type Block,Brick

New Construction No

Schools

Elementary Schools Lincoln

Middle Schools Lincoln

High Schools Central

School District Evansville-Vanderburgh School Corp.

Others

Financing Cash,Conventional,Other

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202622893

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Jeremy Outlaw • Catanese Real Estate

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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613 615 N Fulton Avenue

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