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819 N Lafayette Avenue

Evansville, IN 47711
  • $279,000
  • STATUS: Active
  • ON SITE: 106 Days
  • MLS #: 202305062
UPDATED: 53 min ago
$279,000
  • 10
    BEDS
  • 0.15
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,146
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1919
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Rick Stephens of Keller Williams Capital Realty: Cell: 812-459-7425.

Description

Income producing gold mine! Fully rented generates $39,000 annual gross rents. Each unit pays their own gas/electric. 4 units have gas heat and the efficiency unit has a brand new electric baseboard heater. 2 brand new water heaters. Storage area, unfinished attic, and unfinished basement maintained by owner. Small parking area in back along with lots of street parking. Owner pays water which averages $200/month. A dumpster is required and owner pays approximately $150/month. 3 tenants are long term tenants and are wanting to stay. The current occupied units all have a refrigerator and range. American Home Shield warranty included ($1700 value). The address for the units are 819, 821, & 823 N Lafayette and 303 & 307 E Maryland.

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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: 2023-06-09T09:28:10.26.

www.housesinfortwayne.com/homes/137172971
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819 N Lafayette Avenue Evansville, IN 47711

  • Price: $279,000
  • Status: Active
  • On Site: 106 Days
  • Updated: 53 min ago
  • MLS #: 202305062
10
Beds
5
Baths
0
½ Baths
0.15
Acres
5,146
SQFT
$54
$/SQFT
1919
Built
Neighborhood:
Vanderburgh
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
Delaware
Middle School:
North
High School:
North
School District:
Evansville-Vanderburgh School Co
Property Description
Income producing gold mine! Fully rented generates $39,000 annual gross rents. Each unit pays their own gas/electric. 4 units have gas heat and the efficiency unit has a brand new electric baseboard heater. 2 brand new water heaters. Storage area, unfinished attic, and unfinished basement maintained by owner. Small parking area in back along with lots of street parking. Owner pays water which averages $200/month. A dumpster is required and owner pays approximately $150/month. 3 tenants are long term tenants and are wanting to stay. The current occupied units all have a refrigerator and range. American Home Shield warranty included ($1700 value). The address for the units are 819, 821, & 823 N Lafayette and 303 & 307 E Maryland.
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 0X0 Outbuilding None Parking Spaces 10 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 10 Above Grade Finished Sqft 5146 Above Grade Unfin Sq Ft 0 Amenities Off Street Parking 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 0 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetTile Heating Fuel ElectricityGas Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 5 Total Below Grade Sqft 0 Total Sq Ft 5146 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 0 Unit3 Bathrooms 1 Unit3 Bedrooms 3 Unit4 Bedrooms 3 Unit5 Bedrooms 2 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 500 Annual Fuel Expense 0 Annual Gross Rent 39000 Annual Insurance Expense 0 Annual Maint Expense 750 Annual Misc 0 Annual Net Income 32599 Annual Property Tax 1251 Annual Trash Expense 1800 Annual Water Sewer Exp 2100 Assoc Dues Frequency Not Applicable Auction Y / N No Cross Street Maryland Efficiencies 1 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 3250 Gross Monthly Rent 3250 Lease Term Month To Month New Construction No One Bedrooms 0 Owner Pays SewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fiveplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays ElectricFuel Three Bedrooms 2 Township Pigeon Two Bedrooms 2 Unit1 Unit Rent 650 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 550 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Unit3 Unit Rent 600 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4 Unit Rent 600 Unit4- Currently Rntd Y / N Yes Unit4- Garage Y / N No Unit5 Unit Rent 850 Unit5- Currently Rntd Y / N Yes Unit5- Garage Y / N No Units Rented 4 Water Utility City Year Taxes Payable 2023

Listing provided by Rick Stephens of Keller Williams Capital Realty: Cell: 812-459-7425.

© 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: 2023-06-09T09:28:10.26.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Rick Stephens of Keller Williams Capital Realty: Cell: 812-459-7425.