318-322 W Market ST, New Albany, IN 47150
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318-322 W Market ST, New Albany, IN 47150
318-322 W Market ST, New Albany, IN 47150
318-322 W Market ST, New Albany, IN 47150
318-322 W Market ST, New Albany, IN 47150
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Thomas Gwinn

Thomas Gwinn

+1(502) 939-3023
$ 564,000
Est. payment /mo
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Price Dropped by $5K

318-322 W Market ST New Albany, IN 47150

6 Beds

6 Baths

4,614 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,614 sqft

Price per Sqft $122

MLS Listing ID 202609855

Style Two Story

Bedrooms 6

Full Baths 6

Abv Grd Liv Area 4,614

Year Built 1929

Annual Tax Amount $5,762

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Property Description

This listing features two income-producing properties in downtown New Albany - 318 W Market, a quadplex, and 322 W Market, a duplex with a parking lot for off street parking. Five of the six units are currently leased, bringing in $4,420 per month combined. Tenants are responsible for their own gas and electric, while the owner covers water, sewer, and trash. A solid opportunity for investors looking to add a turnkey, income-producing property to their portfolio. Square footage, taxes, flood zone, and school systems are to be verified by the buyer(s) or Buyer's Agent if critical to the buyer(s).

Location

State IN

County Floyd

Zoning Residential

Direction From W Main Street in New Albany, turn on W 4th Street and then right on W Market Street. The properties are on the left. To park, go past the properties and turn at the first driveway on the left. Then turn into the parking lot on the left.

Interior

Heating Forced Air

Cooling Window Unit(s), Wall Window Unit(s)

Fireplace No

Exterior

Water Access Desc Connected,Public

Building

Dwelling Type Duplex,Quadruplex

Entry Level Two

Foundation Cellar

Water Connected, Public

Architectural Style Two Story

Level or Stories Two

New Construction No

Others

Tax ID 220500300358000008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Lopp Real Estate Brokers
Thomas Gwinn

Thomas Gwinn

Agent

+1(502) 939-3023

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318-322 W Market ST