Collect $5,400/year OR MORE on this 2-Unit Property in Evansville, IN! • 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 2 income-producing units! PRICED TO MOVE QUICKLY: $30,500 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? Pro forma cap rate 9.7% ? Cash on cash return 14.7% ? 5 year annual ROI 92.6% per year ? Stable Property in hot rental area ? 2k in repairs needed ? 2 bedroom/1 bath ? Priced to MOVE ? Fully occupied ? Perfect small apartment starter ? Priced below market ? 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 812-213-4544 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 812-213-4544 and speak ONLY your name & email – a packet will be emailed within 10 minutes
Off market
$7,200
2006 S Fares Ave, Evansville, IN 47714
2beds
700sqft
SingleFamily
Built in 1935
6,000 Square Feet Lot
$-- Zestimate®
$10/sqft
$1,112 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Features
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 700 sqft
Property
Lot
- Size: 6,000 sqft
Details
- Parcel number: 820633014048003027
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1935
Community & neighborhood
Location
- Region: Evansville