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1870 Hart Street , #8

Vincennes, IN 47591
  • $475,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 202502642
UPDATED: 77 min ago
$475,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,864
    SQFT
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Listing provided by Heath Klein of KLEIN RLTY&AUCTION, INC.: Cell: 812-291-2202.

Description

Located in the high traffic area of Hart St. is this eight-unit property with 4 commercial units on the main level and 4 residential units on the upper level. The 4 commercial units are currently rented at 50% capacity. The 2 units rented have long-term tenants with an income of $450. a month for the small unit and $850.00 a month for one of the larger units. The two end units on the main level are ready to be leased. The 4-2-bedroom rentals on the upper-level overlook Mirror Lake and each unit has laundry hook-up. 2 units rent for $650.00, one for $600.00 and one vacant unit. The property offers a large parking lot in the front and parking in the back as well. Tenants pay for electric, water & internet/cable. Landlord pays for trash removal, shared area electric, lawn maintenance, building maintenance and building insurance.

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© 2025 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: 2025-02-08T23:28:27.28.

www.housesinfortwayne.com/homes/159826401
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1870 Hart Street , #8 Vincennes, IN 47591

  • Price: $475,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 77 min ago
  • MLS #: 202502642
0
Beds
0
Baths
0
½ Baths
0.49
Acres
7,864
SQFT
$60
$/SQFT
1975
Built
Neighborhood:
Other
County:
Knox
Area:
Knox
Property Description
Located in the high traffic area of Hart St. is this eight-unit property with 4 commercial units on the main level and 4 residential units on the upper level. The 4 commercial units are currently rented at 50% capacity. The 2 units rented have long-term tenants with an income of $450. a month for the small unit and $850.00 a month for one of the larger units. The two end units on the main level are ready to be leased. The 4-2-bedroom rentals on the upper-level overlook Mirror Lake and each unit has laundry hook-up. 2 units rent for $650.00, one for $600.00 and one vacant unit. The property offers a large parking lot in the front and parking in the back as well. Tenants pay for electric, water & internet/cable. Landlord pays for trash removal, shared area electric, lawn maintenance, building maintenance and building insurance.
Exterior Features

Channel Frontage 0 Construction Type1 Frame Construction Type2 Brick Driveway Concrete Exterior Brick Fire Doors YN No Lake Type Non Ski Lake Location City Lot Dimensions Rectangular Parcel Description Waterfront0-2.9999 Parking Lot Parking Type Lot Parking YN Yes Road Access City Roof Material Shingle Security Light YN No Sign Type Other Signs YN Yes Water Access Lakefront Water Features None Water Frontage 14 Water Name Mirror Lake Water Type Lake Waterfront YN Yes

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 7864 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 3932 Ceiling Height 8 Column Spacing 0 Cooling Central Air Flooring CarpetLaminateVinyl Heating Fuel ElectricForced Air Interior Height 8 Interior Walls Drywall Internal Rooms OfficeWorkroom Special Features Single PhaseHandicap AccessOffice SpaceReception Area Total Restrooms 8

Property Features

Annual Taxes 7935.74 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available SurveyLBP FormSellers Disclosure Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gross Monthly Rent 3200 Ingress Egress Concrete Inside City Limits Yes Lease Term Remaining Varies New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Office/ShowroomRetailOther Property Sub Type Mixed Use Proposed Financing CashConventional Public Utilities Electric Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Vincennes Water Company Vincennes Water Utilities Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 23 pay 24 Zoning Description Local Bus. Dist.sm. parcel zoned C1

Listing provided by Heath Klein of KLEIN RLTY&AUCTION, INC.: Cell: 812-291-2202.

© 2025 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.


© 2025 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: 2025-02-08T23:28:27.28.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Heath Klein of KLEIN RLTY&AUCTION, INC.: Cell: 812-291-2202.