70 Fairview, Bicknell, IN 47512 - Myers Trust

70 Fairview, Bicknell, IN 47512


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
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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


# 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


Listing Office: Re/Max Allstars

Listing Agent: Michelle Sebastian


Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.