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27 E Chandler Avenue

Evansville, IN 47713
  • $295,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 202223451
UPDATED: 51 min ago
$295,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,915
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1889
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Fully occupied and professionally managed 5-unit property located in a highly desired area of downtown Evansville, These rents are currently low due to long-term tenants, so there's plenty of room for rent increases. Expenses are broken down on this datasheet as well as rental income. Notes from Property Manager... Unit A - Rent increasing to $600/month on 7/1/22. Lease renewal has been sent to tenant. Unit B - month to month. Unit C - lease expires 8/31/22. Unit D - month to month. Unit E - month to month. Owner pays all utilities. Owner owns all appliances. Roof and boiler (new high efficiency) replaced in 2014. Roof is 5-7 years old.

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© 2022 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: 2022-06-26T22:28:35.387.

www.housesinfortwayne.com/homes/129818920
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27 E Chandler Avenue Evansville, IN 47713

  • Price: $295,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 51 min ago
  • MLS #: 202223451
4
Beds
5
Baths
0
½ Baths
0.21
Acres
3,915
SQFT
$75
$/SQFT
1889
Built
Neighborhood:
None
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
Tekoppel
Middle School:
Helfrich
High School:
Francis Joseph Reitz
School District:
Evansville-Vanderburgh School Co
Property Description
Fully occupied and professionally managed 5-unit property located in a highly desired area of downtown Evansville, These rents are currently low due to long-term tenants, so there's plenty of room for rent increases. Expenses are broken down on this datasheet as well as rental income. Notes from Property Manager... Unit A - Rent increasing to $600/month on 7/1/22. Lease renewal has been sent to tenant. Unit B - month to month. Unit C - lease expires 8/31/22. Unit D - month to month. Unit E - month to month. Owner pays all utilities. Owner owns all appliances. Roof and boiler (new high efficiency) replaced in 2014. Roof is 5-7 years old.
Exterior Features

Exterior Shingle Lot Description 0-2.9999 Lot Dimensions 50X184 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 3915 Above Grade Unfin Sq Ft 0 Amenities Off Street Parking Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel Forced Air Main Level Sq Ft 2106 Microwaves 0 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 0 Total Baths 5 Total Below Grade Sqft 0 Total Sq Ft 3915 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Basement YN No Unit4 Bathrooms 1 Unit4 Bedrooms 1 Unit5 Basement YN No Unit5 Bathrooms 1 Unit5 Bedrooms 1 Upper Level Sq Ft 1809 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 6136.44 Annual Fuel Expense 0 Annual Gross Rent 34974 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 23293.39 Annual Property Tax 526 Annual Trash Expense 0 Annual Water Sewer Exp 5018.17 Assoc Dues Frequency Not Applicable Assoc Restrictions YN No Efficiencies 1 Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2914 Gross Monthly Rent 2914.5 Lease Term 1 YearMonth To Month New Construction No One Bedrooms 4 Owner Pays Building InsuranceCoolingElectricFuelHeatingLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fiveplex Reo YN No Sale Includes BuildingLandLease Sewer Public Tenant Pays CableDeposit Value Three Bedrooms 0 Township Pigeon Two Bedrooms 0 Unit1 Unit Rent 440 Unit2 Unit Rent 605 Unit3 Unit Rent 525 Unit4 Unit Rent 709 Unit5 Unit Rent 635 Units Rented 5 Water Meters 1 Water Utility Public Year Taxes Payable 2022

Listing provided by Kimberly Clark of Exp Realty, Llc: 888-611-3912.
© 2022 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.


© 2022 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: 2022-06-26T22:28:35.387.

 
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Fort Wayne IN, 46845