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1510 SE Riverside Drive

Evansville, IN 47713
  • $529,900
  • STATUS: Active
  • ON SITE: 76 days
  • MLS #: 202111431
UPDATED: 60 min ago
$529,900
  • 18
    BEDS
  • 0.2
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 7,100
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Build your portfolio or start one with this 14 unit investment opportunity at 1510 SE Riverside Drive. This building currently has 12 out of the 14 units rented and also has an on site property manager and maintenance. The building has a newer roof and most of the units have had new flooring and fresh paint installed in the last 2 years. The building features new windows in all the units, and also includes landscaping updates in the last year. Tenants pay their own electric and owner pays water.

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc.. Data last updated: 2021-06-23T00:27:52.133.

www.jmrealtyonline.com/homes/115860156
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1510 SE Riverside Drive Evansville, IN 47713

  • Price: $529,900
  • Status: Active
  • Updated: 60 min ago
  • MLS #: 202111431
18
Beds
14
Baths
0
½ Baths
0.2
Acres
7,100
SQFT
$75
$/SQFT
1940
Built
Neighborhood:
Van Buren Place
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
John M Culver
Middle School:
Washington
High School:
Bosse
School District:
Evansville-Vanderburgh School Co
Property Description
Build your portfolio or start one with this 14 unit investment opportunity at 1510 SE Riverside Drive. This building currently has 12 out of the 14 units rented and also has an on site property manager and maintenance. The building has a newer roof and most of the units have had new flooring and fresh paint installed in the last 2 years. The building features new windows in all the units, and also includes landscaping updates in the last year. Tenants pay their own electric and owner pays water.
Exterior Features

Exterior Brick Lot Description Level Lot Dimensions 139X115 Outbuilding None Parking Spaces 16 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 18 Above Grade Finished Sqft 7100 Above Grade Unfin Sq Ft 0 Amenities Storm Doors Basement Foundation FinishedFull Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel Wall Heater Microwaves 0 Ranges Ovens 12 Refrigerators 12 Rooms Below Grade 0 Total Baths 14 Total Below Grade Sqft 0 Total Sq Ft 7100 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit5 Bathrooms 1 Unit5 Bedrooms 1 Unit6 Bathrooms 1 Unit6 Bedrooms 1 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 62400 Annual Insurance Expense 1500 Annual Maint Expense 1000 Annual Misc 0 Annual Net Income 46128 Annual Property Tax 5072 Annual Trash Expense 700 Annual Water Sewer Exp 8000 Assoc Dues Frequency Not Applicable Efficiencies 0 Electric Meters 14 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 5200 Gross Monthly Rent 5200 Lease Term 1 Year New Construction No One Bedrooms 8 Owner Pays Water Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes Building Sewer Public Tenant Pays Electric Three Bedrooms 0 Township Pigeon Two Bedrooms 6 Unit1 Unit Rent 650 Unit2 Unit Rent 500 Unit3 Unit Rent 600 Unit4 Unit Rent 550 Unit5 Unit Rent 450 Unit6 Unit Rent 450 Units Rented 12 Water Meters 1 Water Utility Public Year Taxes Payable 2021

Listing courtesy of Lucas Neuffer of Exp Realty, Llc.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc..


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc.. Data last updated: 2021-06-23T00:27:52.133.

 
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Fort Wayne IN, 46815