613 615 N Fulton Avenue
Evansville, IN 47710
Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated?offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. Most tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor's portfolio.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Catanese Real Estate
Agent Name: Jeremy Outlaw
Agency Phone: 812-454-0989
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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613 615 N Fulton Avenue | MLS# 202622893
This multi-family property located at 613 615 N Fulton Avenue, Evansville, IN 47710 is currently listed for sale with an asking price of $525,000. 615 N Fulton Avenue is located within the Evansville-Vanderburgh School Corp. school district. Search Evansville real estate on www.coldwellbanker1stchoice.com today.