Real Estate For Sale in...

1322 E Spring, New Albany, IN 47150

Commercial Property MLS# 201708387 ID: 46821158
$249,900 Get Rates

Cross Property - New Albany, IN
Easy Money! This gorgeous 4 plex is fully rented with long term tenants and brings in $2100 per month in rent! If you want a hands off investment property that is already bringing in income this one is for you! Two 1 bedroom units make up the first floor, both are very spacious and rent easily. One unit on the first floor has a washer and dryer in the second bathroom. (one of the one bedroom units is a 2 bath unit.) The second floor consists of one 2 bedroom apartment and one 1 bedroom apartment. Numerous upgrades have been made making this a problem free property. Since all units are rented advance notice will be required for showings. All appliances remain with the property, there is a laundry area in the basement with 3 washers and dryers, one for each tenant, and the 4th apartment has its own in the bathroom. HVAC units have been replaced, new water heater, new carpet in the 2br unit, new tile kitchen floor in one of the 1st floor units, bathroom upgrades, plumbing upgrades, paint, and many more repairs and upgrades have been completed in the past few years. Tenants pay for their own electric, each unit has its own electric furnace and central air. Owner pays water/sewer and gas. Gas is approx $30 per month, water varies. House is on the historic registry. Property has 5 bedrooms and 5 bathrooms.

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Location Information near 1322 E Spring
Offered by Sandy Haenisch at Keller Williams Realty

Would you like more information regarding this property?
Please call (812) 944-7024.

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Property Features for 1322 E Spring
Market Status
Last Updated
August 17, 2017
Property Type
Commercial Property
Year Built
Approx. Lot Size
0.13 Acres
Sq. Feet


  • Taxes: 1704

Listing Features

  • Property Type: Commercial;
  • Sandy Haenisch
  • Keller Williams Realty

Data Provided by:
Southern Indiana Real Estate Association

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More information about this $249,900 Commercial Property at 1322 E Spring

This $249,900 Commercial Property at 1322 E Spring in New Albany, IN is presented by Sandy Haenisch. This $249,900 Commercial Property, located in the 47150 zip code, has the following property features: Property Type, Taxes. This 1322 E Spring Commercial Property, located in Floyd County , is listed under MLS listing number 201708387 and has a listing price of $249,900. You can find more NEW ALBANY homes for sale here.