Address
1566 S Kentucky Avenue Evansville, IN
Price
$ 575,000
Property Attributes
  • MLS#201903798
  • TypeMulti-Family
  • CountyVANDERBURGH
  • CityEvansville
  • AreaKnight
  • NeighborhoodHart Place
  • Zip47714
  • StyleApartment Complex
  • Year Built1940
  • Taxes6151
  • Price$ 575,000
  • Bedrooms22
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage16383
Listing Provided Courtesy Of:
Kimberly Clark with eXp Realty, LLC
Property Description

Looking to build your investment portfolio? This offering consists of a total of 4 professionally managed buildings (three 4-unit buildings and 1 house). All units are occupied (some new tenants and some long term tenants) allowing you to start in the green. Highly Desirable Neighborhood, near IU Medical School, University of Evansville, Memorial and Bosse High Schools, and the Private Charter School Joshua Academy. Brick exteriors for low maintenance, plenty of off street parking and laundry hook-ups available. Additional income is available with 4 car garage rental. Landlord pays water in 1566, tenant pays all other utilities. Tenant pays all utilities in 1550 and 1556. All multiplexes have house meters and average $15-20 per month. Recent updates to properties: 1550 S Kentucky - Unit D HVAC condenser replaced - June 2018 - All Units - new commercial carpet in common areas - June 2018 1556 S Kentucky - All Units - new commercial carpet in common areas - June 2018 1562 S Kentucky - Roof replaced - June 2018. Charming brick Tudor style home. Updated kitchen & baths. Bedrooms upstairs with full bathroom & offers an unfinished basement. 1566 S Kentucky - all units vacated and totally remodeled - Both Garage Doors Replaced - June 2018 - All Units - new commercial carpet in common areas - June 2018 - All Units - exterior common doors replaced with steel doors - June 2018 - All landscaping updated spring 2018 - All Units - new flooring/paint throughout

Elementary School Middle School High School
John M Culver Elementary School Glenwood Middle School Bosse High School
Price History
2/5/2019 Listed $575,000

General Features

# of Buildings 4
Age 80
Agent First Name Kimberly
Agent Last Name Clark
Assoc. Dues Frequency Not Applicable
Bathrooms 13
Beds 22
Cooling Central Air
Elementary School John M Culver
Features Off Street Parking, Cable Ready, Washer Hook-Up, Other-See Remarks
Flooring Carpet, Ceramic Tile, Vinyl Tile
Full Baths 13
Heating Forced Air
High School Bosse
Inside City Limits Yes
Legal Description HARTS AMENDED PLAT LTS 1, 2, 3 & 4 BL15 HART'S AMENDED PLAT OF PT HART PLACE L 5 & L 6 BL 15
Listing Area Vanderburgh County
Middle School Glenwood
New Construction No
Pet Restrictions Y/n Yes
REO No
School District Evansville-Vanderburgh School Co
Sewer Public
Status Active
Status Active
Stories 2
Style Two Story
Subdivision Hart Place
Tax Year 2017
Tenant Pays Other
Total Sq Ft 16383
Type Apartment Complex
Virtual Tour https://www.propertypanorama.com/instaview/irmls/201903798
Year Built 1940

Interior Features

Above Grade Bedrooms 22
Basement None
Basement Y/n No
Num. Of 1 Bedrooms 4
Num. Of 2 Bedrooms 9
Total Number of Units 13
Unit 1-# Of Bathrooms 1
Unit 1-# Of Bedrooms 2
Unit 2-# Of Bathrooms 1
Unit 2-# Of Bedrooms 2
Unit 3-# Of Bathrooms 1
Unit 3-# Of Bedrooms 2
Unit 4-# Of Bathrooms 1
Unit 4-# Of Bedrooms 2
Unit 5-# Of Bathrooms 1
Unit 5-# Of Bedrooms 2
Unit 6-# Of Bathrooms 1
Unit 6-# Of Bedrooms 2
W/D Hookups 13

Exterior Features

Approx. Lot Size Acres 0.2324
Electric Meters 13
Exterior Brick
Lot Description Level, 0-2.9999
Lot Dimensions 45 FF X 125 Dpth & 82 FF X 125 Dpth
Lot Size Area 10125
Outbuilding None
Pool Y/N No
Water Meters 13
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on January 24, 2021 6:35 AM UTC

Property vs Zip Code Average in 47714

Price
AVG $180K
$580K
Taxes
AVG $2,500
$6,151
Visits
AVG 194
993
Year Built
AVG 1936
1940
Walkscore
AVG 63
57
Data Provided by Walkscore ® not using MLS data

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