304 Shelby Street Vincennes, IN $ 660,000
304 Shelby Street
$ 660,000
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304 Shelby Street

Vincennes, IN, 47591
$ 660,000
Bedrooms-- Baths-- Sq 9,776

Monthly Estimate*

$ 4,064

304 Shelby Street, Vincennes, IN 47591 - Image 1
304 Shelby Street, Vincennes, IN 47591 - Image 2
304 Shelby Street, Vincennes, IN 47591 - Image 3
304 Shelby Street, Vincennes, IN 47591 - Image 4
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304 Shelby Street, Vincennes, IN 47591 - Image 7

Commercial Property for sale in Vincennes, IN

for $660,000. This 9,776 square foot building was built in 1968 on a lot size of 0.24.

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

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Commercial Pending

Price

$ 660,000

Property Type

Commercial

Taxes

$ 7,112

Style

Multi-Family 5+

Lot Size

0.24

Year Built

1968

Town/City

Vincennes

County/Region

Knox

MLS | Web ID

22001625

Features
General
Heating Electric
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing
Zoning Mixed Residential
Year Built 1968
Township Vincennes
Levels Two
Property Subtype Multi-Family 5+
Tax Year 2023
Current Use Residential
County Knox
New Construction N
Property Type Commercial Sale
Status Pending
Directions GPS Friendly
High School Lincoln High School
City Vincennes
High School District Vincennes Community School Corp
Number Of Units Total 12
MLS Area 4205 - Knox - Vincennes
Lot Size Square Feet 10629
Current Financing Conventional
Middle/Junior High School George Rogers Clark School
Structure Type Apartment Building
Standard Status Pending
Tax Lot 141
Legal Description Harrison Add Lot 141
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Exterior
Foundation Details Crawl Space
Building Area Total 9776
Lot Size Acres 0.24
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Interior
Basement (Y/N) N
Laundry Features Common Laundry
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* Excluded Features
List By
Amr Real Estate Llc

Broker

Dillian.Howard@Amr.Group

Email

Affordability Calculator

$4,656
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,064
Monthly Property Taxes
$593
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4727817 Elementary School
4727787 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2024$660,000 Listed Price

Map


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304 Shelby Street, Vincennes, IN, 47591 is a Commercial Property for sale at $660,000 with 9,776 sqft and a lot size of 0.24. 304 Shelby Street was built in 1968. The property's zip code is 47591 which is in Vincennes, IN