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Off market
  • $7,200

    2006 S Fares Ave, Evansville, IN 47714

    2beds
    700sqft
    SingleFamily
    Built in 1935
    6,000 sqft lot
    $-- Zestimate®
    $10/sqft
    $-- HOA

    What's special

    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

    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
    Services availability