303 Chandler Ave & 708 SE Third St

Multi-Family for Sale
Catylist Listing ID: 30586714
Property Subtypes: Low-Rise/Garden
Number of Units: 12 Units
Building Size (RSF): 7,901 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 Acres
Sale Price: $472,000
Unit Price: $39,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 11.0%
Last Updated: 7/14/2020

Overview / Comments

12 units recently remodeled in Downtown Evansville. Walking distance from both the new IU medical school and Haynie's corner. Smoke Free and Pet Free. 7 efficiency units, 4 one bedroom, and 1 two bedroom. Gas and Electric are included with rent for 3 of the efficiencies. Water, sewer, and trash included with rent for all units. New electrical panels for the 8-plex. Replacement windows on both buildings. New roof on both buildings. New furnaces, condensing units, and mini-splits. Seller is a licensed real estate agent.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-30-020-089.008-029
Zoning: R-4
Airports: Evansville Regional Airport
Total Number of Buildings: 2
Number of Stories: 2
Parking Type: Surface
Zoning Description: R-4
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,918 71,960 130,405
Median Age: 36.19 36.28 37.45
Households: 4,383 30,091 56,160

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