2605 Hickoryvale Drive

2605 Hickoryvale Drive
New Albany, Indiana 47150 United States

$830,000
 Get directions
 
­
­
Investment OPPORTUNITY, 15 Unit Apartment Bldg. with a Workshop for the Owner with approximately 2390 sq ft of storage. Roof was newin December 2015. Units are one bedroom with approximately 841 sq ft., Units #13 & #14 are larger, Unit #15 is...
­
$830,000
Change Currency
Annual taxes:
$7,775
1.172 Acres
Exterior
Single Family Home
1995
Year Built
201706674
Web Id
201706674
MLS ID
SUNRISE EDUCATION CENTER
School District
125
days ago

About 2605 Hickoryvale Drive

Investment OPPORTUNITY, 15 Unit Apartment Bldg. with a Workshop for the Owner with approximately 2390 sq ft of storage. Roof was newin December 2015. Units are one bedroom with approximately 841 sq ft., Units #13 & #14 are larger, Unit #15 is approx 1080 sq ft, & it's utilities are included for $800 per month. 100% occupancy. HUGE paved lot for parking, picnic grounds. The garage is 18 x 20, 360 sq ft. The building is 148'6 x 35'. Seller pays for sewer, water & garbage. Tenants pay for electric & gas. Each of 3 floors has approx. 5201 sq ft.Listing Agent is related to seller. Monthly Income is $9,420. Cap rate is 9%.

Listing Courtesy of Southern Indiana MLS

EXTERIOR

Construction
Existing