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  • $225,700

    721 N Main St, Mount Vernon, IN 47620

    8beds
    3,561sqft
    Quadruplex
    Built in 1932
    -- sqft lot
    $225,700 Zestimate®
    $--/sqft
    $1,240 Estimated rent

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    $1,240/mo

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    $1,240/mo

    Rent Zestimate®

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    $1,073/mo

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    $1,073/mo

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    What's special

    SUPERB INVESTMENT OPPORTUNITY IN POSEY COUNTY! 4 UNITS IN RESIDENTIAL MULTI-FAMILY ZONING w/two units rented & two units vacant available to view. Apartments A, B, C & D are all 2 bedroom, 1 bath units where tenant pays electric, gas and cable. There are separate electric and gas meters for each apartment. The 5th electric meter is for basement area & seller pays monthly. Water is not separated out and owner pays water, sewer & trash monthly for building as well. Property is being sold as-is and subject to tenants' rights. There are 2 units completely ready to lease where you can source your own occupants or live in one and lease the other to start your first big investment property. Building has metal roof, aluminum siding & replacement windows. A UNIQUE OPPORTUNITY!

    Zillow last checked: 8 hours ago

    Listing updated: August 10, 2022 at 05:26pm

    Listed by:

    Christy Davis CELL:812-575-7147,

    DAVIS REALTY, LLC,

    Laird Davis 812-598-1052,

    DAVIS REALTY, LLC

    Bought with:

    Jennifer McBride, RB14035004

    KELLER WILLIAMS CAPITAL REALTY

    Source: IRMLS,MLS#: 202228873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Conventional, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer Hookup
    Features
    • Ceiling Fan(s), Laminate Counters, Eat-in Kitchen
    • Flooring: Laminate, Tile
    • Windows: Double Pane Windows
    • Basement: Partial,Unfinished,Exterior Entry,Block,Sump Pump
    Interior area
    • Total structure area: 5,289
    • Total interior livable area: 3,561 sqft
    • Finished area above ground: 3,561
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Gravel, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Covered, Patio, Porch Covered, Porch
    Lot
    • Size: 9,583 sqft
    • Dimensions: 70' X 140'
    • Features: Level, 0-2.9999, City/Town/Suburb
    Details
    • Additional structures: None
    • Parcel number: 652708122003.000018
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Basement
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Electric: CenterPoint Energy
    • Gas: CenterPoint Energy
    • Sewer: City
    • Water: City, Mt. Vernon Water Works
    • Utilities for property: Cable Available
    Green energy
    • Energy efficient items: Appliances, Water Heater, Windows

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Laundry Facilities, Sidewalks
    Location
    • Region: Mount Vernon
    • Subdivision: Green(s)

    HOA & financial

    Other financial information
    • Total actual rent: 29100

    Other

    Other facts
    • Listing terms: Cash,Conventional,Other
    • Road surface type: Paved