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512 S Lincoln Park Drive

Evansville, IN 47714
  • $400,000
  • STATUS: Pending
  • ON SITE: 93 Days
  • MLS #: 202236544
Pending
UPDATED: 183 min ago
$400,000
  • 5
    BEDS
  • 0.32
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,470
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This rare opportunity to invest in a meticulously maintained, purpose built, four-plex just came up. Conveniently located on Evansville's east side, half a block from the University of Evansville. This property includes 4 units consisting of three - 1 bed/1 bath units and one - 2 bed/2 bath unit. Some of the most unique features of this four-plex are the fully screened in porches and hardwood flooring. With such charming features and all major systems in great condition, this property will surely not be available for long! All units are currently leased and are separately metered for gas/electric. Landlord pays water/sewer/trash, common area lighting, lower level laundry and hot water. Coin operated laundry in lower level for additional income.

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© 2022 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 Charlie Butler Team | Keller Williams Capital Realty. Data last updated: 2022-12-04T00:27:54.743.

www.charliebutlerteam.com/homes/132674930
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512 S Lincoln Park Drive Evansville, IN 47714

  • Price: $400,000
  • Status: Pending
  • On Site: 93 Days
  • Updated: 183 min ago
  • MLS #: 202236544
5
Beds
5
Baths
0
½ Baths
0.32
Acres
5,470
SQFT
$73
$/SQFT
1937
Built
Neighborhood:
None
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
Harper
Middle School:
Washington
High School:
Bosse
School District:
Evansville-Vanderburgh School Co
Property Description
This rare opportunity to invest in a meticulously maintained, purpose built, four-plex just came up. Conveniently located on Evansville's east side, half a block from the University of Evansville. This property includes 4 units consisting of three - 1 bed/1 bath units and one - 2 bed/2 bath unit. Some of the most unique features of this four-plex are the fully screened in porches and hardwood flooring. With such charming features and all major systems in great condition, this property will surely not be available for long! All units are currently leased and are separately metered for gas/electric. Landlord pays water/sewer/trash, common area lighting, lower level laundry and hot water. Coin operated laundry in lower level for additional income.
Exterior Features

Exterior Brick Lot Description Level Lot Dimensions 55X257 Outbuilding None Parking GarageOff StreetStreet Parking Spaces 4 Pool YN No Roof Material Dimensional Shingles Style Two Story Unit1 Garage Type Detached Unit2 Garage Type Detached Unit3 Garage Type Detached Unit4 Garage Type Detached Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 5470 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling FanNear Walking TrailStorageOpen Floor PlanPorch Screened Basement Foundation CrawlFull Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1728 Cooling Central AirMultiple Cooling Units Dishwashers 0 Disposals 0 Dryers 1 Flooring CarpetTileWood Heating Fuel GasForced AirMultiple Heating Systems Main Level Sq Ft 1728 Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 1 Total Baths 5 Total Below Grade Sqft 1728 Total Sq Ft 7198 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 863 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 863 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 863 Unit4 Basement YN No Unit4 Bedrooms 2 Unit4 Sq Ft 1149 Upper Level Sq Ft 1728 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 1008.36 Annual Fuel Expense 0 Annual Gross Rent 32820 Annual Insurance Expense 1834 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 23808.76 Annual Property Tax 4195 Annual Trash Expense 0 Annual Water Sewer Exp 1973.88 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Efficiencies 0 Electric Meters 5 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 4 Gross Monthly Income 2735 Gross Monthly Rent 2735 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 3 Owner Pays Building InsuranceLawn MaintenanceMaintenanceSewerTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays CableCoolingDeposit ValueElectricFuelHeating Three Bedrooms 0 Township Knight Two Bedrooms 1 Unit1 Unit Rent 642 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 1 Unit1- Garage Y / N Yes Unit2 Unit Rent 650 Unit2- Currently Rntd Y / N Yes Unit2- Garage /#of Cars 1 Unit2- Garage Y / N Yes Unit3 Unit Rent 642 Unit3- Currently Rntd Y / N Yes Unit3- Garage /#of Cars 1 Unit3- Garage Y / N Yes Unit4 Unit Rent 895 Unit4- Currently Rntd Y / N Yes Unit4- Garage /#of Cars 1 Unit4- Garage Y / N Yes Units Rented 4 Water Meters 1 Water Utility City Year Taxes Payable 2022

Listing provided by Casey Mccoy of Keller Williams Capital Realty: Cell: 812-760-6576.
© 2022 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 Charlie Butler Team | Keller Williams Capital Realty.


© 2022 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 Charlie Butler Team | Keller Williams Capital Realty. Data last updated: 2022-12-04T00:27:54.743.

 
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Charlie Butler Team | Keller Williams Capital Realty
4424 Vogel Avenue, Ste 300
Evansville IN, 47715