About 509 Se First Street
Rare opportunity to purchase three properties on one parcel—509, 509.5 and 511 SE First Street—offered together with a total of 11 doors. Located in Evansville's Historic District, the properties offer convenient access to Downtown Evansville, the riverfront and nearby amenities. Currently at 90% occupancy rate. The portfolio has seen several recent improvements, including a newer roof at 509.5 and a recently replaced roof and soffits at 511. A great opportunity for an investor looking to add multiple doors to their portfolio in an established Evansville location and is currently professionally managed.
Features of 509 Se First Street
| MLS® # | 202631399 |
|---|---|
| Price | $895,000 |
| Bedrooms | 15 |
| Bathrooms | 11.00 |
| Full Baths | 11 |
| Square Footage | 8,327 |
| Acres | 0.39 |
| Year Built | 1919 |
| Type | Multifamily |
| Sub-Type | Apartment Complex |
| Status | Active |
Community Information
| Address | 509 Se First Street |
|---|---|
| Subdivision | None |
| City | Evansville |
| County | Vanderburgh County |
| State | IN |
| Zip Code | 47713 |
Amenities
| Features | Off Street Parking, Foyer Entry |
|---|---|
| Parking Spaces | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Wood |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air |
| # of Stories | 2 |
| Stories | Other |
| Has Basement | Yes |
| Basement | Partial Basement |
Exterior
| Exterior | Brick, Wood |
|---|---|
| Lot Description | Level, Historic Designation |
| Roof | Asphalt, Rubber, Shingle |
| Construction | No |
School Information
| District | Evansville-Vanderburgh School Corp. |
|---|---|
| Elementary | West Terrace |
| Middle | Perry Heights |
| High | Francis Joseph Reitz |
Additional Information
| Days on Market | 38 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Ashley Riordan-elpers |
|---|---|
| Office | Rental Property Realty |