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1 Adams Ave - 1 Adams Avenue 5 Unit Apartment Building Offered at $185,000 Evansville, IN 47713
Executive Summary
5 Unit Apartment Building in Downtown Evansville. The property features a large 2 bed/1.5 bath Townhouse style unit with Washer & Dryer, 2 1 bed/1 bath units, and 2 efficiency units. All units are currently occupied making this an easy addition to any portfolio. The Tenants pay their own gas & electric and Landlord pays water/sewer and trash. Many units are long-term Tenants so there is an opportunity for increased rents for a new Owner.
Financials Available Upon Request. No showings until accepted Purchase Agreement.
Financials Available Upon Request. No showings until accepted Purchase Agreement.
Property Facts Under Contract
| Price | $185,000 | Property Type | Multifamily |
| Price Per Unit | $37,000 | Building Size | 3,553 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 5 | Year Built | 1919 |
| Zoning | R-3 | ||
| Price | $185,000 |
| Price Per Unit | $37,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Building Size | 3,553 SF |
| No. Stories | 3 |
| Year Built | 1919 |
| Zoning | R-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 1 | - | - |
| 1+1 | 2 | - | - |
| Studios | 2 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 82-06-31-022-053.011-029 | Improvements Assessment | $121,300 |
| Land Assessment | $8,000 | Total Assessment | $129,300 |
Property Taxes
Parcel Number
82-06-31-022-053.011-029
Land Assessment
$8,000
Improvements Assessment
$121,300
Total Assessment
$129,300
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1 Adams Ave - 1 Adams Avenue
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