Triplex, with Great Investment Opportunity! Each unit is separately metered. The property is located off Charlestown Rd near shopping and restaurants. Only one unit is currently rented (month to month), well below market rates.  Other two units are vacant and ready to be rented.  Located on a good size lot that has the possibility for additional units, garages, parking spaces or whatever you may think of.  Potential to also convert back to a single family residence if desired. Don't miss your opportunity, to pick up a potential cash flowing property in a desirable area. Sold as is.
Sold for $112,000 on 05/04/23
$112,000
2574 Lynn Court, New Albany, IN 47150
3beds
2,150sqft
Triplex, Multi Family
Built in 1929
-- sqft lot
$177,100 Zestimate®
$52/sqft
$1,546 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 09, 2023 at 09:28am
Listed by:
Jeff Simmons,
REI Realty, LLC
Bought with:
Pat Groves, RB14038995
Schuler Bauer Real Estate Services ERA Powered (N
Source: SIRA,MLS#: 202306159
Originating MLS: Southern Indiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
 - Bathrooms: 3
 - Full bathrooms: 3
 
Heating
- Baseboard
 
Cooling
- Window Unit(s), WallWindow Unit(s)
 
Appliances
- Included: Oven, Range
 - Laundry: Main Level, Other
 
Features
- Basement: Crawl Space
 - Has fireplace: No
 
Interior area
- Total structure area: 2,150
 - Total interior livable area: 2,150 sqft
 - Finished area above ground: 2,150
 - Finished area below ground: 0
 
Property
Parking
- Parking features: No Garage
 
Features
- Levels: Two
 - Stories: 2
 
Lot
- Size: 0.39 Acres
 - Features: Dead End
 
Details
- Additional structures: Shed(s)
 - Parcel number: 220504301308000008
 - Zoning: Residential,Multi Family
 - Zoning description: Residential,Multi Family
 
Construction
Type & style
- Home type: MultiFamily
 - Architectural style: Two Story
 - Property subtype: Triplex, Multi Family
 - Attached to another structure: Yes
 
Materials
- Aluminum Siding, Frame
 - Foundation: Crawlspace
 - Roof: Metal
 
Condition
- Resale
 - New construction: No
 - Year built: 1929
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Connected, Public
 
Community & neighborhood
Location
- Region: New Albany
 - Subdivision: Long Meadow Park
 
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
 - Road surface type: Paved
 
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$177,100
2% more+$3,542
With Zillow Showcase(estimated)$180,642