Investor opportunity! 4 unit building consisting of 1-two bedroom & 3-one bedroom apartments. Building includes steam heat & window unit ac's. Unit A lease beginning 10/2015 is 1 bedroom for $550/month with all utilities paid by owner. Unit B lease beginning 4/17/20 is 1 bedroom $550/month with electric/gas paid by owner & water paid by tenant. Unit C lease beginning 2/19/20 is a 2 bedroom $625/month with electric/gas paid by owner & water paid by tenant. Unit D is a 1 bedroom currently vacant. All interior pictures are of Unit D. All leases are for 1 year term.
Off market
$177,100
36 E Powell Ave, Evansville, IN 47713
5beds
3,328sqft
MultiFamily
Built in 1894
-- sqft lot
$177,100 Zestimate®
$53/sqft
$928 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant
Appliances
- Included: Range / Oven, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 3,328 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Entry location: Unit 4 Level(Upper)
- Exterior features: Brick
- Waterfront features: No Water Features
Lot
- Size: 6,534 sqft
- Features: Level, Corner Lot, City Lot, 0 to 2.9999 Acres, City/Town/Suburb
Details
- Parcel number: 820629021071005029
- Zoning: City Zoning(Unknown)
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1894
Utilities & green energy
- Electric: Vectren Corp
- Gas: Vectren Energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Evansville
HOA & financial
Other financial information
- Total actual rent: 27300
Other
Other facts
- Flooring: Wood, Laminate, Mixed
- Sewer: Public Sewer
- WaterSource: Public
- Appliances: Range/Oven, Refrigerator
- InteriorFeatures: Ceiling Fan(s)
- Roof: Asphalt
- Basement: Unfinished, Partial, Crawl Space
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 4
- LeaseTerm: 12 Months, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly), Unit 4 Rent Frequency(Monthly)
- ConstructionMaterials: Brick
- LotFeatures: Level, Corner Lot, City Lot, 0 to 2.9999 Acres, City/Town/Suburb
- Cooling: Window Unit(s)
- OwnerPays: Insurance, Taxes, Electricity, Cooling, Heating, Unit 1 Electric, Unit 3 Electric, Unit 2 Electric, Fuel, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas
- NumberOfUnitsLeased: 3
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- WaterSewerExpense: 0
- MaintenanceExpense: 0
- TenantPays: Sewer, Water
- ParkingFeatures: Off Street
- BelowGradeFinishedArea: 0
- Heating: Radiator
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 0
- NumberOfSeparateElectricMeters: 1
- NumberOfSeparateGasMeters: 1
- OtherExpense: 0
- GrossIncome: 2275
- PetsAllowed: Pet Restrictions
- MlsStatus: Pending
- Gas: Vectren Energy
- WaterfrontFeatures: No Water Features
- Zoning: City Zoning(Unknown)
- Electric: Vectren Corp
- EntryLocation: Unit 4 Level(Upper)
- NetOperatingIncome: 25888
- TotalActualRent: 27300
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$177,100
2% more+ $3,542
With Zillow Showcase(estimated)
$180,642