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Listed price in listed location currency (USD).
$275,000

340

MLS® 1732931

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 1880 sqft
Garage 
Taxes 
Days Active 1
Lot Size 0.09 Acres
Approx. Age 1929
Avg. Price Per Sqft $146
MLS® Number 1732931

Property Address: 2235 Ekin Ave, New Albany, IN, 47150-1779

Average square foot calculated using Size range provided by listing agent.

Description

Yes, you can still find a rental that beats the 1% rule! Fully leased 4-unit building in Uptown New Albany: $3, 140/month in rent, $37, 680 a year. All units updated within the last two years: three 1-bedrooms and one studio. Each unit has its own furnace and separate gas and electric meters; tenants pay gas and electric. Unit 2 has a washer and dryer. Off-street parking for 4 cars plus a grassy yard. With a full-price offer, seller will contribute up to $5, 000 toward a rate buydown or buyer closing costs, plus a 1-year home warranty and do some repairs. Or you can buy it as-is at a DISCOUNTED PRICE. Floor plan, rent roll, tax record, income/expense summary and 2026 inspection report are available for you. If using this as your primary residence, you may be able to have a 5% down payment.
MLS® Number1732931
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1929
Basement
Driveway
Garage Spaces
HeatNatural Gas, Forced Air
A/CWall/Window Unit(s)

Extras

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