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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4BEDS
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0.21ACRES
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5BATHS
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01/2 BATHS
School Information
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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