UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 17,000 sqft
Price per Sqft $105
MLS Listing ID 202509825
Style Two Story
Bedrooms 25
Full Baths 25
Construction Status Resale
Abv Grd Liv Area 17,000
Year Built 1995
Lot Size 0.987 Acres
Acres 0.987
Property Sub-Type Residential
Property Description
Great opportunity to own an income-producing asset in the growing Jeffersonville area.
This property consists of three buildings with a total of 24 nicely renovated one-bedroom, one-bathroom units and plenty of off street parking plus 12 garages. Each building has a coin laundry in the lower level.
Water, gas, and electricity are separately metered, allowing tenants to pay for ALL utilities except sewer.
Upside potential includes rent increases and additional garage rentals. The garages could potentially be converted into additional apartments, and the seller has plans to do so. There is also a potential 25th unit in the lower level.
The property is only a 13-minute walk to Jeffersonville's new billion-dollar waterfront development at the old Jeffboat plant.
See our deal room for financial information.
https://connect.prgproperty.com/deal-room/293?signature=c5b04a0fee9a953caf1f54c9012edf85bc5d18b43080d6e2125faf4e005e6ee8
The information in this listing was obtained from sources deemed to be reliable. Broker does not warrant or represent any information provided.
Location
State IN
County Clark
Zoning Residential
Direction French St
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplace No
Laundry In Basement, Laundry Room
Exterior
Parking Features Basement
Garage Spaces 9.0
Garage Description 9.0
Water Access Desc Connected,Public
Roof Type Shingle
Building
Entry Level Two
Foundation Poured
Sewer Public Sewer
Water Connected, Public
Architectural Style Two Story
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 20000390410
Acceptable Financing Cash
Listing Terms Cash
"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "
8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA
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