$2,100,000
70 Fairview Drive
24 unit apartment complex with potential for greater profit as the units continue to be renovated. Four units have already been completely renovated and several others have had partial renovations. Monthly rents listed are for the completely renovated units. All units have been upgraded to high efficiency mini-split heat pump units, allowing the owner to offer electric as well as water to be included with the rent, which has been very appealing to tenants. Roofs are only a few years old and windows in 4 units have been replaced. Very minimal vacancy.
Entering Bicknell from the East on 67, watch for McDonalds on the left. Fairview Drive is just past it on the right at Wagler Discount Sales. The apartments are at the end of the drive just past the storage facility.
Map to 70 Fairview Drive, Bicknell, IN 47512
MLS #
202425050
Date Listed
2024-07-05
Status
Active
Property Type
Investment
Property SubType
Apartment Complex
Square Feet
20756 sqft
New Construction
No
Style
Two Story
Type
Apartment Complex
Bedrooms
39
Bathrooms
24
Annual Taxes
$9,996.00
Year Taxes Payable
2024
Year Built
1977
Virtual Tour
propertypanorama.com »
Days on Market
73
Room Dimensions
Living Room
15 × 0
Level
5th Bedroom
24 × 24
Level
Extra Room
2 × 3
Level
Bathroom Locations
Full Baths
39 Main
External Features
Construction
Apartment Complex
Lot Size
69,260 sq ft
Acreage
1.59 Acre
Lot Dimensions
300' x 230'
Fence
None
Location
Area
Knox County
County
Knox
Subdivision
None
Township
Washington
City
Bicknell
State
IN
Zip
47512
Schools
School District
North Knox S.D.
Elementary
North Knox
Middle School
North Knox
High School
North Knox
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202425050 |
|---|---|
| Date Listed | 2024-07-05 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Apartment Complex |
| Square Feet | 20756 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Apartment Complex |
| Bedrooms | 39 |
| Bathrooms | 24 |
| Annual Taxes | $9,996.00 |
| Year Taxes Payable | 2024 |
| Year Built | 1977 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 73 |
| Living Room | 15 × 0 | Level |
| 5th Bedroom | 24 × 24 | Level |
| Extra Room | 2 × 3 | Level |
| Full Baths | 39 Main |
| Construction | Apartment Complex |
|---|---|
| Lot Size | 69,260 sq ft |
| Acreage | 1.59 Acre |
| Lot Dimensions | 300' x 230' |
| Fence | None |
| Area | Knox County |
|---|---|
| County | Knox |
| Subdivision | None |
| Township | Washington |
| City | Bicknell |
| State | IN |
| Zip | 47512 |
| School District | North Knox S.D. |
|---|---|
| Elementary | North Knox |
| Middle School | North Knox |
| High School | North Knox |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202425050
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Michelle Sebastian
Re/Max Allstars
Listing updated July 11, 2024 at 4:30 pm
Last checked 16 minutes ago
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