616 E Oak St, New Albany, IN 47150

This property is available on a rent-to-own basis. We have two lovely town home style duplexes situated right next to each other in New Albany. Both are in great condition and have one apartment full and one soon to be vacated. Buy one or buy both! Units are two-story, back-to-back, with nice little yards. Each is 2 BR, 1.5 BA and have laundry hookups. Remaining tenants are on year-long leases and are clean and punctual with rent. Landlord pays sewer only. One property has brand new roof. The other has a preexisting plumbing issue and is therefore offered at a discount or we will fix it and accept full price. Buildings are in good condition and on a nice street. Command good rent for the area and have clean, punctual tenants. Best of all, they are duplexes with one unit vacant--live in one and rent out the other, thereby paying your mortgage cost! Total price - $89,900 EACH Unit (2 Duplexes) Monthly payment - $695.00 EACH Unit Available now: Rent to Own Deposit & fees: $5,000 Needed to buy - $5,000 option fee + first month payment EACH Unit Lease Option - 1 year