304 Shelby Street
Vincennes, IN, 47591
- Price $660,000
- Beds24
- Baths12
- Sq. Ft.9600
- MLS #202423888
Discover a prime investment opportunity just 2 blocks from Vincennes University with this well-maintained 12-unit apartment building featuring all units as 2-bedroom, 1-bath layouts. Enjoy consistent cash flow with the property historically maintaining at least 90% occupancy. Tenants cover electric, owner pays water, sewer, and trash expenses. Due to rising demand there's substantial opportunity for rent increases, enhancing future profitability. POF will be required. Rent Roll and Expenses upon request. Broker Owned
Bedrooms
24
Style
Two Story
Bathrooms
12
County
Knox County
Lot Size
0.2400
Year Built
1968
Sq, ft. finished
9,600sq. ft (approx.)
Sq, ft. total
9600sq. ft (approx)
Subdivision
None
Insurance
0.00
Annual Taxes
$7,112
Association Dues
0.00
District
Vincennes Community School Corp.
Elementary
Tecumseh-Harrison
Middle School
Clark
High School
Lincoln
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Mark Dietel of Mark Dietel Realty, LLC, 317-441-7887.
Listing provided courtesy of Mark Dietel of Mark Dietel Realty, LLC, 317-441-7887.