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Off market
  • $111,100

    1600 W Florida St, Evansville, IN 47710

    4beds
    3,549sqft
    Apartment
    Built in 1889
    -- sqft lot
    $-- Zestimate®
    $31/sqft
    $2,618 Estimated rent

    Owner options

    List your home for rent

    $2,618/mo

    Rent Zestimate®

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    $2,618/mo

    Rent Zestimate®

    Refinance and save

    $545/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $545/mo

    Est. payment

    What's special

    Collect $1,750/month OR MORE on this 4-Unit Property in Evansville, IN! ** Seller Financing! ** • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of many Single Family Homes, you can have 4 income-producing units! PRICED TO MOVE QUICKLY: $65,000 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? Pro forma cap rate 17.8% ? Cash on cash return 26.6% ? 5 year annual ROI 56.4% per year ? Stable Property in hot rental area ? 1K in repairs needed ? Great unit mix of one 3 bed/1 bath and three 2 bed/2 bath ? Priced to MOVE ? Only 1 vacant unit ? Perfect small apartment starter ? Priced below market ? Room for rent increases ? Even more possible value plays! This is an off-market deal. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 812-799-2144 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 812-799-2144 and speak ONLY your name & email – a packet will be emailed within 10 minutes

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,549 sqft

    Property

    Parking
    • Parking features: Carport
    Lot
    • Size: 2,919 sqft
    Details
    • Parcel number: 820524028038024029

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1889

    Community & neighborhood

    Location
    • Region: Evansville