About 501 N 2nd Street
Income producing home with long term tenant! This is a 3 bedroom, 1 bathroom home in Old Town Vincennes that has proven rental history. The current tenant is paying $700/month, has been there over 10 years and has an extended lease until January of 2027. This home has an added bonus, as it formerly had another 2 bedrooms and a bathroom upstairs prior to being closed off. This home has plenty of space and is the perfect investment home to add to your portfolio. Due to the tenant and current lease, this home will not qualify for any government loan types.
Features of 501 N 2nd Street
| MLS® # | 202414605 |
|---|---|
| Price | $74,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,463 |
| Acres | 0.11 |
| Year Built | 1880 |
| Type | Residential |
| Sub-Type | Site-Built Home |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 501 N 2nd Street |
|---|---|
| Subdivision | JUDAH & MANTLES SUBDIVISION |
| City | Vincennes |
| County | Knox County |
| State | Indiana |
| Zip Code | 47591 |
Amenities
| Amenities | Sidewalks |
|---|---|
| Features | Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up, Countertops-Laminate, Dryer Hook Up Electric, Patio Open, Porch Covered, Range/Oven Hook Up Elec |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Hardwood Floors |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Dining Rm |
| Stories | One Story |
| Has Basement | Yes |
| Basement | Crawl, Partial Basement |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | Corner, 0-2.9999 |
| Roof | Asphalt |
| Construction | Not Applicable |
School Information
| District | Vincennes Community School Corp. |
|---|---|
| Elementary | Tecumseh-Harrison |
| Middle | Clark |
| High | Lincoln |
Additional Information
| Days on Market | 323 |
|---|---|
| Zoning | C2 |
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Tyler Simmons |
|---|---|
| Office | KLEIN RLTY&AUCTION, INC. |
| Contact Info | Cell: 812-890-1827 |