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1143-1163 Covert Ave
Evansville, IN 47714
The Phoenix Apartments · Multifamily Property For Sale
·
39 Units
PROPERTY FACTS
| No. Units | 39 | Lot Size | 1.48 AC |
| Property Type | Multifamily | Building Size | 11,490 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1974 |
| Building Class | C | ||
| Zoning | R-4 | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.48 AC |
| Building Size | 11,490 SF |
| No. Stories | 3 |
| Year Built | 1974 |
| Zoning | R-4 |
ABOUT 1143-1163 COVERT AVE , EVANSVILLE, IN 47714
The Phoenix is a 39 unit complex consisting of three buildings with 13 units each. Located on the SW corner of Highway 41 and Covert. Each building has a new boiler. Middle building has a laundry area that produces income. Current owner has worked hard rehabbing the units as needed, while building a new tenant base that pays their own electric. Water, trash, and sewer are included. Units are smoke free and pet free. Professionally managed and vacant units rent quickly. Opportunity to increase below market rents. Seller is a licensed real estate agent. "Disclosure and Waiver Prior to Physical Showings must be signed before showing."
PROPERTY TAXES
| Parcel Number | 82-06-33-011-035.001-027 | Improvements Assessment | $1,163,800 |
| Land Assessment | $80,600 | Total Assessment | $1,244,400 |
PROPERTY TAXES
