1825 E Oak Street, New Albany, IN 47150

Looking for good rental investment with this fixer upper on this (4) plex with (1) 1 bedroom unit, (3) 2 bedroom units with separate utilities for electric and gas. The home is vacant and has additional area on the third floor that could be finished. The rear unit had been partly converted to a single unit but still has the 2 bedrooms and 1 bath for each unit. The basement has washer and dryer units for the front units and the rear unit has washer and dryer hookups as well. For this price you have room to make your major repairs and still make money. This place is in the East End of New Albany would make really nice units for nice rentals. Seller is having furnace checked for the front unit and both water heaters in front. Rear apartment furnaces have not been used for some time and seller does not know if they are functioning. Sellers are motivated. As is condition.