2704 Old Hwy 41 S Highway, Vincennes, IN 47591
sale
$429,900
|
Mixed Use
Courtesy Of RE/MAX Mainstream
CASH FLOW, CASH FLOW, CASH FLOW!! Directly located on Old Hwy 41, with convenient access available to US Hwy 41 this property boasts prime location, AND business potential. This 3.32 Acres features storage units, and multi-unit month to month leased apartments. (13) - 10x20 storage units, (3) 15x30 storage units, and (4) 15x45 storage units. Property presently has 4 rented apartments, and 2 additional ready for tenants to move in too. All apartments feature baseboard electric heat with 1 apartment featuring a wood burning stove. Additional 4 more apartments are on site but are requiring some TLC before ready for rent. There's enough additional ground where more storage units, apartments, or even RV spots could be utilized to increase your cash flow as well. -30 minute drive to Toyota -Less than 60 minute to Evansville If you've been looking for a real estate opportunity that features multi unit apartments and additional cash flow with storage units, then you will definitely see the hidden value on this 3.32 acres. Let your entrepreneurial spirit thrive with ideas galore!!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Exterior Type: Aluminum Siding
- Floor Covering: Laminate
- Floor Covering: Carpet
- Floors: 1.0
- Heating Fuel: Wood
- Heating System: Baseboard
- Legal Description: CLDB PT Lots 120 & 121, CLDB SD PT LOTS 120 & 121, CLDB PT LOT 120
- MLSID: 202100468
- Parking Type: Paved or Surfaced
- Parking Type: Parking Lot
- Roof Type: Composition Shingle
- Rooms: Office
- Rooms: Storage
- Rooms: Kitchen
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