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1320-1322 Parrett Street

Evansville, IN 47713
  • $2,645,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 202403414
UPDATED: 22 min ago
$2,645,000
  • 35
    BEDS
  • 0.6
    ACRES
  • 35
    BATHS
  • 0
    1/2 BATHS
  • 18,900
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Eriksen Hoelzeman of Listing Leaders Northwest, Inc: .

Description

Discover a compelling investment opportunity at 1322 Parrett Street in Evansville, Indiana! This Property, featuring 35 Units stands as a testament to modernized living with updated electric. Immerse yourself in the success of a full rehab completed in 2021, ensuring top-notch amenities and contemporary aesthetics. Investors, seize the Advantage of an additional income stream through community washers and dryers, strategically installed for maximum profitability. The property's prime location and recent renovations position it as a promising venture for substantial returns. Elevate your investment portfolio with 1322 Parrett Street - where modern comfort meets financial opportunity.

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© 2024 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: 2024-02-26T19:29:47.673.

www.housesinfortwayne.com/homes/147230679
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1320-1322 Parrett Street Evansville, IN 47713

  • Price: $2,645,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 22 min ago
  • MLS #: 202403414
35
Beds
35
Baths
0
½ Baths
0.6
Acres
18,900
SQFT
$140
$/SQFT
1965
Built
Neighborhood:
None
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
Lincoln
Middle School:
Glenwood
High School:
Bosse
School District:
Evansville-Vanderburgh School Co
Property Description
Discover a compelling investment opportunity at 1322 Parrett Street in Evansville, Indiana! This Property, featuring 35 Units stands as a testament to modernized living with updated electric. Immerse yourself in the success of a full rehab completed in 2021, ensuring top-notch amenities and contemporary aesthetics. Investors, seize the Advantage of an additional income stream through community washers and dryers, strategically installed for maximum profitability. The property's prime location and recent renovations position it as a promising venture for substantial returns. Elevate your investment portfolio with 1322 Parrett Street - where modern comfort meets financial opportunity.
Exterior Features

Exterior Brick Lot Description Other Lot Dimensions 100x61 Outbuilding None Parking Spaces 18 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 24 Above Grade Finished Sqft 12600 Above Grade Unfin Sq Ft 0 Amenities Off Street Parking Basement Foundation DaylightFull Basement Basement YN Yes Below Grade Baths 11 Below Grade Bedrooms 11 Below Grade Finished Sqft 6300 Below Grade Unfin Sq Ft 0 Cooling Wall AC Dishwashers 0 Disposals 0 Dryers 3 Flooring Other Heating Fuel Forced Air Microwaves 0 Ranges Ovens 35 Refrigerators 35 Rooms Below Grade 11 Total Baths 35 Total Below Grade Sqft 6300 Total Sq Ft 18900 Wash Dry Hookups 0 Washers 3

Property Features

Annual Electric Expense 29908 Annual Fuel Expense 0 Annual Gross Rent 290700 Annual Insurance Expense 8470 Annual Maint Expense 7614 Annual Misc 29908 Annual Net Income 189570 Annual Property Tax 6290 Annual Trash Expense 5500 Annual Water Sewer Exp 13440 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 24225 Gross Monthly Rent 24225 Lease Term 1 Year New Construction No One Bedrooms 35 Owner Pays CoolingElectricHeatingSewerTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes Building Sewer Private Tenant Pays None Three Bedrooms 0 Township Pigeon Two Bedrooms 0 Units Rented 35 Water Utility City Year Taxes Payable 2023

Listing provided by Eriksen Hoelzeman of Listing Leaders Northwest, Inc: .

© 2024 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.


© 2024 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: 2024-02-26T19:29:47.673.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Eriksen Hoelzeman of Listing Leaders Northwest, Inc: .