70 Fairview, Bicknell, IN 47512
Overview
| MLS ID: | #202425050 |
|---|---|
| Price: | $ 2,100,000 |
| Sq Ft: | 20,756 |
| Finished Sq Ft: | 20,756 |
| Lot Size: | 1.59 Acres |
| Year Built: | 1977 |
| Bedrooms: | 39 |
| Full Bathrooms: | 24 |
| Half Bathrooms: | |
| Taxes: | $ 9,996 |
24 unit apartment complex with potential for greater profit as the units continue to be renovated. Four units have already been completely renovated and several others have had partial renovations. Monthly rents listed are for the completely renovated units. All units have been upgraded to high efficiency mini-split heat pump units, allowing the owner to offer electric as well as water to be included with the rent, which has been very appealing to tenants. Roofs are only a few years old and windows in 4 units have been replaced. Very minimal vacancy.
MLS ID: 202425050
Details
| # of Units | 24 |
|---|---|
| Price Per Unit | 87,500 |
| Above Grade Finished SF | 20,756 |
| Combined Finished SF | 20,756 |
| Below Grade Finished SF | 0 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 0 |
| Total Sq Ft | 20,756 |
| Lot Dimensions | 300' x 230' |
| Approx Lot Size SqFt | 69,260 |
| Approx Lot Size Acres | 1.590 |
| Garage SF | 10,800 |
|---|
| Water Front | No |
|---|
| Style | Two Story |
|---|---|
| New Construction | No |
| Elementary School | North Knox |
|---|---|
| Middle School | North Knox |
| Senior | North Knox |
| District | North Knox S.D. |
| # Bedrooms | 39 |
|---|---|
| # of Full Baths | 24 |
| # of Half Baths | 0 |
| Living Room | 15 x 0 |
| Bedroom 5 | 24 x 24 |
| Extra Room | 2 x 3 |
| Laundry Room | 48 x |
| Annual Gross Rent Income | $249,876.00 |
|---|---|
| Annual Sewer Expense | $10,800.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $21,600.00 |
| Annual Trash Expense | $3,000.00 |
| Annual Property Tax | $12,499.00 |
Map
Listing Office: Re/Max Allstars
Listing Agent: Michelle Sebastian
Disclaimer:
Mortgage
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