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612 E Main Street

New Albany, IN 47150
  • $849,900
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 202405417
UPDATED: 37 min ago
$849,900
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:
Area:

School Ratings & Info

Description

TURNKEY 8-PLEX in the heart of historic Downtown New Albany on Mansion Row! This charming building features 7 1-bedroom apartments and 1 studio apartment nestled in a beautifully restored historic home, offering the perfect blend of vintage character and modern convenience. ALL 8 units are currently rented and cash flowing! Current owner has done a full renovation including total window repair and all new storm windows, masonry work, exterior and interior repaint, basement waterproofing, exterior grading and drains, as well as updating each individual unit! Each unit has covered balcony/patio access, and the building also includes a large rear parking lot for off street tenant parking! This building's prime location offers great walkability to shops, restaurants, and entertainment. You truly have to see this one in person to appreciate the historic charm! Own a piece of New Albany history with this cash-flowing investment!

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© 2024 Southern Indiana Realtors Association. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2024-02-27T21:04:26.72.
www.wsghomesandproperties.com/homes/146843821
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612 E Main Street New Albany, IN 47150

  • Price: $849,900
  • Status: Active
  • On Site: 34 Days
  • Updated: 37 min ago
  • ID#: 202405417
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1929
Built
Neighborhood:
New Albany
County:
Floyd
Area:
New Albany
Property Description
TURNKEY 8-PLEX in the heart of historic Downtown New Albany on Mansion Row! This charming building features 7 1-bedroom apartments and 1 studio apartment nestled in a beautifully restored historic home, offering the perfect blend of vintage character and modern convenience. ALL 8 units are currently rented and cash flowing! Current owner has done a full renovation including total window repair and all new storm windows, masonry work, exterior and interior repaint, basement waterproofing, exterior grading and drains, as well as updating each individual unit! Each unit has covered balcony/patio access, and the building also includes a large rear parking lot for off street tenant parking! This building's prime location offers great walkability to shops, restaurants, and entertainment. You truly have to see this one in person to appreciate the historic charm! Own a piece of New Albany history with this cash-flowing investment!
Exterior Features

Construction Materials Frame

Interior Features

Building Area Total 5616

Property Features

Current Use Multi-Family Property Condition Resale Property Sub Type Multi Family Property Sub Type Additional Multi Family Tax Annual Amount 5225 Township New Albany

Listing courtesy of Alison Koopman at Lopp Real Estate Brokers: 812-728-8181.


© 2024 Southern Indiana Realtors Association. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2024-02-27T21:04:26.72.
 
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