can be bought..for amount below
$75,000 cash..$80,000 if financed

Property.... with..... four apartments
appraised.... for $135,000..... in 2008
tax assessment of property $89,400
$30,000 improvements... since 2009
market value of property... $119,400

Property....... can be........ following
3 bdrm home...... $1200 mo income
7 bdrm home........ $700 mo income
get more information....... on above

To see how investor can double $80,000 in 3 years go here

To see photos of the inside and outside of property go here

Call 812-464-5221 or email seller if you want to see property.. to visit site of Evansville Ind songwriter Glenn Smith go here

Return to top of page

For buyer who needs three bedroom home they get full basement, 2 car garage, carport, big yard, $1200.00 income each month from three other apartments on property = $14,400 a year and $86,400 in 6 years

For buyer who needs seven bedroom they get full basement, two kitchens, two bathrooms, two car garage with carport, big yard, $700 income each month from two other apartments = $8400 a year.. $84,000 in 10 years

income from the other appartments on the property will help pay cable TV, Internet, phone, gas & electric, water, taxes, insurance for buyer and mortgage payment if they finance.. if you want to see property call Glenn at 812-464-5221 or send him email

See pictures.......... of the property
see improvements...... to property
see Evansville Ind songwriter site

Return to top of page

Appraised for $135,000 in 2008
see list of improvements done
in last 5 years.. on page below

In back of front house is a large graveled parking area with two car garage and carport.. a 6 foot wood fence around property.. a fenced in area next to two car garage for RV or boat.. in back of duplex are two garages.. and.. on page below are improvements that the owner's made to property that a buyer will not have to spend money on

$5,000 for new furnace and central air April 2014 that was installed in upstairs apartment

$8,000 spent duplex in 2012 for a new roof, two new gas furnaces, 2 new window A/C, carpet in living room and bedroom, linoleum in bathroom with shower and kitchen

$15,000 spent on the 3 bedroom downstairs apartment that was my insurance office for 27 years that include a new central A/C in 2010, new carpeting, new refridgerator, new glass top range, remodeling living room and kitchen in 2011.. in last 5 years new front porch.. in last 10 years new gas line and water line to duplex

$2400 spent in 2010 on siding rear garage, to remove, clean, replace the 12 storm windows and glazing window glass, painting duplex,two garages in back of duplex, and two car garage in back of front house with carport.. to see property for sale call 812-464-5221..... email me