$450,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
1870 Hart Street #8 Vincennes, IN 47591
0.49 Acres Lot
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202502642
Sold Date 03/05/25
Year Built 1975
Annual Tax Amount $7,935
Lot Size 0.490 Acres
Property Sub-Type Mixed Use
Property Description
Located in the high traffic area of Hart St. is this eight-unit property with 4 commercial units on the main level and 4 residential units on the upper level. The 4 commercial units are currently rented at 50% capacity. The 2 units rented have long-term tenants with an income of $450. a month for the small unit and $850.00 a month for one of the larger units. The two end units on the main level are ready to be leased. The 4-2-bedroom rentals on the upper-level overlook Mirror Lake and each unit has laundry hook-up. 2 units rent for $650.00, one for $600.00 and one vacant unit. The property offers a large parking lot in the front and parking in the back as well. Tenants pay for electric, water & internet/cable. Landlord pays for trash removal, shared area electric, lawn maintenance, building maintenance and building insurance.
Location
State IN
County Knox County
Area Knox County
Zoning C2
Direction From the intersection of 6th St. & Hart St., head SE on Hart St., property will be on the left.
Interior
Flooring Carpet, Laminate, Vinyl
Appliance Building, Land
Exterior
Waterfront Description Lake
Roof Type Shingle
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Karen Goodman • KLEIN RLTY&AUCTION, INC.