Invest in a piece of Newburgh history with this prime commercial property. This 22-unit facility, strategically located in downtown Newburgh near the Ohio River, offers a unique blend of historic charm and modern convenience. With 5 residential units and 17 commercial spaces, this property has the potential to generate over $275,000 annually in gross income. Don't miss this opportunity to own a thriving business hub in one of Indiana's most picturesque towns. Owner is a licensed Real Estate Broker.
Closed
$2,000,000
300 W Jennings St, Newburgh, IN 47630
8beds
25,800sqft
Apartment Complex
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 02:06pm
Listed by:
Larry Carpenter III office:812-559-0458,
Carpenter Realty LLC
Bought with:
Larry Carpenter III, RB17000003
Carpenter Realty LLC
Source: IRMLS,MLS#: 202442835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 12
- Full bathrooms: 6
- 1/2 bathrooms: 6
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Concrete, Laminate, Tile
- Basement: Partial
Interior area
- Total structure area: 26,200
- Total interior livable area: 25,800 sqft
- Finished area above ground: 25,800
- Finished area below ground: 0
Property
Parking
- Total spaces: 50
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.40 Acres
- Features: Irregular Lot
Details
- Additional structures: None
- Parcel number: 871503103039.000014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment Complex
Materials
- Brick
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Newburgh
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 275000