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.
Would you like more information regarding this property?
Please call (812) 944-7024.
Data Provided by:
Southern Indiana Real Estate Association