Discover a lucrative investment opportunity with this exceptional 32-unit apartment complex located at 1321 N. 3rd St., Vincennes, IN 47591. This property boasts 12 fully renovated one-bedroom, one-bath units, showcasing modern flooring, stylish trims, contemporary fixtures, sleek cabinetry, and high-end appliances. 7 units are 80-90% renovated with appliances on site as well as other materials. The renovations not only enhance aesthetic appeal but also ensure higher rental demand and increased revenue potential. The exterior of the building has seen significant upgrades, including improvements to the parking lot and mailbox area, creating a welcoming environment for residents. With half of the units already rehabilitated, investors have the unique opportunity to complete renovations on the remaining 13 units, further increasing property value and maximizing rental income. Located in a desirable area, this apartment complex offers convenience to local amenities, schools, and public transportation, making it an attractive residence for tenants seeking comfort and accessibility. Positioned for growth, this property is ideal for investors looking to capitalize on the increased rental opportunities by enhancing remaining units and updating common areas. Dont miss out on this chance to acquire a well-maintained asset with room for significant returns.
Listing Courtesy of INDIANA REGIONAL MLS, INC / ERA First Advantage Realty, Inc. / Michael Melton
$319,500 (USD)
Brookstone Area Single Family Home
Active
3150 Sandstone Court Newburgh, IN 47630
3 Bed
3 Baths
1821 sqft
MLS# 202544014
Are you looking for ENERGY EFFICIENCY? Look no further and welcome to this charming 2-story home in the desirable Brookstone subdivision of Newburgh, IN! Built in 2015, this energy efficient, well-maintained residence features a welcoming covered front porch and an open-concept layout perfect for modern living. The spacious kitchen flows seamlessly into the great room and boasts newer stainless appliances, a pantry, and a convenient half bath on the main level. You'll love the large under-staircase storage for added functionality. Upstairs, the primary suite offers a private ensuite bath and an expansive walk-in closet. Two additional bedrooms share a full bath, and the laundry room is thoughtfully located on the upper level for ease. Recent updates per owner include fresh paint, updated light fixtures, a 2-year-old HVAC system, brand new disposal, added screen door, and an expanded concrete driveway. The roof is approximately 10 years old. Enjoy outdoor living in the level backyard with a concrete patioideal for relaxing or entertaining. Dont miss this move-in-ready gem in a fantastic location near Friedman Park and Warrick Trails!
Listing Courtesy of INDIANA REGIONAL MLS, INC / ERA First Advantage Realty, Inc. / Johnna Cameron