230 240 Hoosier ST Active Save Request In-Person Tour Request Virtual Tour
North Vernon,IN 47265
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 11,306 sqft
Price per Sqft $72
MLS Listing ID 21958833
Year Built 1971
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
This income producing property features 6 - 2 bedroom, 1 bath units and 6 - 1 bedroom, 1 bath units and a coin laundry area with additional commercial space with road frontage that could be leased out for additional income. Good cap rate potential with under market rents. Large parking lot offers plenty of spots for tenants and the potential leased business. Units have been tastefully updated in the last two years. Buildings are conveniently located downtown North Vernon which is centrally located about an hour from Indianapolis, Louisville, and Cincinnati.
Location
State IN
County Jennings
Zoning R-MF
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplace N
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Asphalt
Building
Story 2
New Construction false
Schools
Middle Schools Jennings County Middle School
High Schools Jennings County High School
School District Jennings County School Corporation