Back to search
230 240 Hoosier Street North Vernon, IN $ 889,900
Share Save
$ 889,900 Get more info
230 240 Hoosier Street
$ 889,900
Back to search
Share Save

230 240 Hoosier Street

North Vernon, IN, 47265
$ 889,900
Baths0.0 Sq 11,306

Monthly Estimate*

$ 6,216

230 240 Hoosier Street, North Vernon, IN 47265 - Image 1
230 240 Hoosier Street, North Vernon, IN 47265 - Image 2
230 240 Hoosier Street, North Vernon, IN 47265 - Image 3
230 240 Hoosier Street, North Vernon, IN 47265 - Image 4
Studio

Commercial Property for sale in North Vernon, IN

for $889,900. This 11,306 square foot building was built in 1971 on a lot size of 0.17.

This income producing property features 6 - 2 bedroom, 1 bath units and 6 - 1 bedroom, 1 bath units and a coin laundry area with additional commercial space with road frontage that could be leased out for additional income. Good cap rate potential with under market rents. Large parking lot offers plenty of spots for tenants and the potential leased business. Units have been tastefully updated in the last two years. Buildings are conveniently located downtown North Vernon which is centrally located about an hour from Indianapolis, Louisville, and Cincinnati.

See more
Commercial Pending

Price

$ 889,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,820

Style

Multi-Family 5+

Lot Size

0.17

Year Built

1971

Town/City

North Vernon

County/Region

Jennings

MLS | Web ID

21958833
Features
General
Heating Baseboard
Cooling Wall Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Subject To Tenants Rights
Roof Asphalt
Zoning R-MF
Year Built 1971
Tenant Pays Electricity
Stories 2
Township Center
Levels Three Or More
Property SubType Multi-Family 5+
Tax Year 2023
Current Use Apt<20
County Jennings
Operating Expense 28279
New Construction N
Property Type Commercial Sale
Status Pending
Directions GPS Friendly
High School Jennings County High School
City North Vernon
Buyer Agent Compensation 2.4
High School District Jennings County School Corporation
Total Units 12
MLS Area 4005 - Jennings - Center
Lot Size Square Feet 7405
Street Name 240 Hoosier
Current Financing Exchange - 1031 Conventional USDA
Middle/Junior High School Jennings County Middle School
Days on Market 59
Structure Type Apartment Building Quadruplex FreeStand
Standard Status Pending
Tax Lot /
Cap Rate 7
Buyer Agent Compensation Type %
Legal Description N V Pt 204 Q Pt 360 Hh
See more
Exterior
Parking Features Common Asphalt
Building Area Total 11306
Lot Size Acres 0.17
Road Surface Type Asphalt
Road Frontage Type City Street
See more
Interior
Basement (Y/N) Y
Street Suffix Street
Laundry Features Common Laundry
See more
* Excluded Features
List By
F.C. Tucker Real Estate Expert

Broker

jessica.risacher@talktotucker.com

Email

Affordability Calculator

$6,785
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,216
Monthly Property Taxes
$568
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4046453 Elementary School
4046470 Middle School
Jennings County High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/6/2024 $889,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

230 240 Hoosier Street, North Vernon, IN, 47265 is a Commercial Property for sale at $889,900 with 11,306 sqft and a lot size of 0.17. 230 240 Hoosier Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 47265 which is in North Vernon, IN

Get more info