627 S Frederick Street
New Harmony, IN 47631
Excellent investment opportunity in the heart of New Harmony! This income-producing 8-unit multifamily property offers a strong rental portfolio with value-add potential. The building consists of three 1-bedroom units, three 2-bedroom units, and two 3-bedroom units, providing a desirable mix of floor plans to attract a variety of tenants. Numerous recent updates have been completed, including updated HVAC systems in the majority of the units, helping reduce future maintenance costs and improve tenant comfort. A portion of the basement offers individual storage areas for tenants, while additional space presents the opportunity to add a shared laundry facility, creating the potential for an additional income stream. The property also features ample off-street parking, adding convenience for residents. Whether you're looking to expand your investment portfolio or capitalize on future upside through additional improvements, this well-located New Harmony multifamily property is one you won't want to miss.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: RK Brokerage LLC
Agent Name: Chadd Huffman
Agency Phone: 812-319-4351
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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627 S Frederick Street | MLS# 202631594
This multi-family property located at 627 S Frederick Street, New Harmony, IN 47631 is currently listed for sale with an asking price of $375,000. S Frederick Street is located within the MSD of Mount Vernon school district. Search New Harmony real estate on www.coldwellbanker1stchoice.com today.