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304 Shelby Street, Vincennes, IN 47591

$660,000
9,776
SqFt
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List Price
$660,000
MLS#
22001625
Property Type
Commercial Sale
Sqft. of Residence
9,776
Year Built
1968
Days on Market
754
Status
PENDING
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317-502-3358

Property Description

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. Please call Listing Agent for showing inquiries. POF will be required. Rent Roll and Expenses upon request. Broker Owned

317-502-3358
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Additional Information

Foundation
Crawl Space
Stories
Two
Acres
0.24
Heat
Electric
Cooling
Central Electric
Financing
Conventional
Region
Vincennes
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Listing courtesy of AMR Real Estate LLC.

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