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625 Village Lane Newburgh, IN $ 250,000
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$ 250,000 Get more info
625 Village Lane
$ 250,000
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Share Save

625 Village Lane

Newburgh, IN, 47630
$ 250,000
Bedrooms4 Baths4.0 Sq 3,360

Monthly Estimate*

$ 1,662

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View a Virtual Tour

Multi-Family Home for sale in Newburgh, IN

for $250,000 with 4 bedrooms and 4 full baths. This 3,360 square foot home was built in 1972.

All brick 2 story 4 plex near downtown Newburgh. Each unit is 1 bedroom and 1 bath. There is a washer and dryer in the building which is owned by the seller and is available for the tenants to use. There is a storage shed out back and each apartment has access to one section. Tenants pay electric. Owner pays water, sewer for all units plus water and sewer and electric for common area and washer/dryer plus insurance and maintenance. Unit D upstairs is vacant and may be shown anytime. After viewing this unit the others may be shown by appointment with 24 hour notice. Long term term tenants since 2018, 2019, & 2019. Leases originally 1 year, then month to month after that.

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Multi-Family Pending

Price

$ 250,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,371

Style

Traditional

Year Built

1972

Town/City

Newburgh

County/Region

Warrick

MLS | Web ID

202416531
Features
General
Heating Electricity Heat Pump
Cooling Central Air
Sewer City
Status Pending Pending
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1972
Parking Paved
New Construction No
Tenant Pays Electric
Subdivision Newburgh Village
Style Two Story
Stories 2
Township Ohio
Class INVESTMENT
Type Fourplex
Age 52
Net Income 12484
Rent Income 24000
Features Storage Countertops-Laminate Water Heater Electric
REO No
Area Warrick County
Location City/Town/Suburb
High School Castle
City Newburgh
School District Warrick County School Corp.
Architctural Style Traditional
Total Sq Ft 3360
Street Name Village
Elementary School Newburgh
Middle School Castle South
Legal Description Lot 7 Newburgh Village
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202416531
Agent First Name Kathy
Agent Last Name Borkowski
DOM 3
Tax Year 2024
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Interior
Basement Crawl
Flooring Carpet Ceramic Tile Vinyl
Beds 4
Total Number of Units 4
Microwaves 0
Refrigerators 4
Washers 1
Dryer(s) 1
Dishwasher(s) 4
Disposal(s) 4
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 4
W/D Hookups 1
Basement Material Block
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Exterior
Exterior Brick
Pool No
Number of Parking Spaces 8
Lot Size Area 11761
Lot Dimensions 80 x 147
Lot Description Level
Fence None
Water Meters 5
Electric Meters 5
Outbuilding Shed
Waterfront Y/N No
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* Excluded Features
List By
Kathy Borkowski

Listing Agent

Era First Advantage Realty, Inc

Broker

kathy.borkowski@erafirst.com

Email

Affordability Calculator

$1,859
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$198
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1237715 Elementary School
1237068 Middle School
Castle High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/10/2024$250,000 Listed Price

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625 Village Lane, Newburgh, IN, 47630 is a Multi-Family Home for sale at $250,000 with 3,360 sqft. 625 Village Lane has 4 bedrooms, 4.0 baths, and was built in 1972. The property's zip code is 47630 which is in Newburgh, IN

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