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Shawne Mardis

smardis@movingwithmardis.com +1(502) 649-6720

$220,000

Est. payment - /mo

3 Beds

2 Baths

1,786 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,786 sqft

Price per Sqft $123

MLS Listing ID 202608820

Style Two Story

Bedrooms 3

Full Baths 2

Construction Status Resale

Abv Grd Liv Area 1,786

Year Built 1929

Annual Tax Amount $3,542

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Property Description

TURNKEY INVESTMENT OPPORTUNITY! Nice, well-maintained DUPLEX conveniently located on Culbertson Ave in New Albany. Fully leased and generating $2,000/month with tenants paying all utilities, this DUPLEX is a great addition to your portfolio or if you're struggling to find an affordable home to buy—live in one unit while the other helps pay your mortgage. The first floor unit features 2 bedrooms, living room, kitchen, full bath, a laundry area with two water heaters (2021 per previous owner), and a basement with a furnace (2023), sump pump, and shelter/storage space. The second floor unit offers 1 large bedroom, living room, kitchen, bath, furnace and AC (2024), and laundry hookups. Key features and major updates include a new roof (installed Sept 2024), separate utility meters for each unit, updated central heat and AC in both units, dedicated off-street parking off the alley (along with street parking), and vinyl siding on the exterior, which helps reduce property maintenance. Situated between Vincennes and Thomas St, close to New Albany High School and Hazelwood Middle School! Both units are currently occupied; please respect tenant privacy and allow a minimum 24-hour notice for all showings.

Location

State IN

County Floyd

Zoning Multi Family

Direction Culbertson Ave in between Thomas and Vincennes.

Rooms

Basement Crawl Space, Partial, Unfinished, Sump Pump

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Decorative

Fireplace Yes

Appliance Oven, Range, Refrigerator

Laundry Main Level, Other

Exterior

Exterior Feature Porch

Water Access Desc Connected,Public

Porch Covered, Porch

Building

Dwelling Type Duplex

Entry Level Two

Foundation Cellar

Sewer Public Sewer

Water Connected, Public

Architectural Style Two Story

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 220502802226000008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Schuler Bauer Real Estate Services ERA Powered (N

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"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. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana 47130, USA

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1829 Culbertson AVE New Albany, IN 47150