North Vernon, IN 47265,230 240 Hoosier ST
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North Vernon, IN 47265,230 240 Hoosier ST
North Vernon, IN 47265,230 240 Hoosier ST
North Vernon, IN 47265,230 240 Hoosier ST
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Listed by Jessica Risacher • F.C. Tucker Real Estate Expert
$ 825,000
Est. payment /mo
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230 240 Hoosier ST North Vernon, IN 47265

11,306 SqFt


UPDATED:

09/18/2024 06:08 PM

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 11,306 sqft

Price per Sqft $72

MLS Listing ID 21958833

Year Built 1971

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

This income producing property features 6 - 2 bedroom, 1 bath units and 6 - 1 bedroom, 1 bath units and a coin laundry area with additional commercial space with road frontage that could be leased out for additional income. Good cap rate potential with under market rents. Large parking lot offers plenty of spots for tenants and the potential leased business. Units have been tastefully updated in the last two years. Buildings are conveniently located downtown North Vernon which is centrally located about an hour from Indianapolis, Louisville, and Cincinnati.

Location

State IN

County Jennings

Zoning R-MF

Interior

Heating Baseboard

Cooling Wall Unit(s)

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Parking Type Common, Asphalt

Building

Story 2

New Construction false

Schools

Middle Schools Jennings County Middle School

High Schools Jennings County High School

School District Jennings County School Corporation


MIBOR MLS

Jeff Landers

Advisor | License ID: RB14050540

+1(317) 750-9767

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230 240 Hoosier ST