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1222 S Roosevelt Drive

Evansville, IN 47714
  • $155,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 202316858
UPDATED: 26 min ago
$155,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,116
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Charles Butler of Keller Williams Capital Realty: Cell: 812-430-1708.

Description

Great Investment Opportunity for this professionally managed income producing duplex, located on Evansvilles East side. Each of the 2 beds/1 bath units are occupied with 1224 renting for $675/month and 1222 renting for $595/month, totaling $1270 for a monthly cash flow. Current rents are under market and have the opportunity to be increased over time in order to increase the ROI. Units are separately metered and tenants pay their own water/sewer/trash and gas/electric.

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© 2023 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2023-06-09T10:29:03.537.

www.housesinfortwayne.com/homes/139803666
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1222 S Roosevelt Drive Evansville, IN 47714

  • Price: $155,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 26 min ago
  • MLS #: 202316858
4
Beds
2
Baths
0
½ Baths
0.15
Acres
1,116
SQFT
$139
$/SQFT
1943
Built
Neighborhood:
East Wood / Eastwood
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
Dexter
Middle School:
Washington
High School:
Bosse
School District:
Evansville-Vanderburgh School Co
Property Description
Great Investment Opportunity for this professionally managed income producing duplex, located on Evansvilles East side. Each of the 2 beds/1 bath units are occupied with 1224 renting for $675/month and 1222 renting for $595/month, totaling $1270 for a monthly cash flow. Current rents are under market and have the opportunity to be increased over time in order to increase the ROI. Units are separately metered and tenants pay their own water/sewer/trash and gas/electric.
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 56X115 Outbuilding None Parking Spaces 2 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1116 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingPorch Open Basement Foundation Full BasementUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 558 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring WoodOther Heating Fuel Forced Air Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 558 Total Sq Ft 1674 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 15240 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 14531.06 Annual Property Tax 708.94 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1270 Gross Monthly Rent 1270 Lease Term Other New Construction No One Bedrooms 0 Owner Pays Building InsuranceLawn MaintenanceMaintenanceTax Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Duplex Reo YN No Sale Includes BuildingLand Sewer Public Tenant Pays CableCoolingElectricFuelHeatingSewerTrash CollectionWater Three Bedrooms 0 Township Knight Two Bedrooms 2 Unit1 Unit Rent 595 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 675 Unit2- Currently Rntd Y / N Yes Units Rented 2 Water Utility Public Year Taxes Payable 2023

Listing provided by Charles Butler of Keller Williams Capital Realty: Cell: 812-430-1708.

© 2023 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 Barnes Real Estate Services | North Eastern Group Realty.


© 2023 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2023-06-09T10:29:03.537.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Charles Butler of Keller Williams Capital Realty: Cell: 812-430-1708.