855.375.4001
Listing Courtesy of: 502-552-1296 - Bobby Bass - Bass Group Real Estate 502-552-1296
$1,750,000 affordable loan icon Calculate Payment

1420 Spring Street Jeffersonville, IN 47130

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Single Family Residence
17 Beds
17 Baths
... Bed/Bath
21,316 Sq. Ft.

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Last updated on 12/7/2024 10:15 AM
FOR SALE-1420 Spring Street in Jeffersonville, IN, also includes 1426 Spring Street and land for future development. This apartment complex is across from Clark Memorial Hospital and is just moments away from bustling Downtown Jeffersonville. The location is less than 3 miles from Downtown Louisvill...e, Kentucky. This complex features a total of 17 renovated residential units and a newly furnished laundry room. 4 more units are PRE LEASED under CORPORATE backed master lease. Please see PRO-FORMA on BROCHURE. FEATURES: ⢠Corporate backed Master lease for all units with 13 of 17 units renovated and turned over to lessee ⢠Master lease term through August 2025 with option to extend through August 2028 ⢠0% vacancy once final units are renovated and turned to lessee ⢠Includes adjacent lots for development of 19-23 additional multi-family units or other possible uses ⢠Located in an Opportunity Zone which is 1/2 taxes on new construction...big impact on NOI. Continue reading
MLS#
202307833
Property Type
Single Family
Bedrooms
17
Bathrooms
17 Full
Year Built
1922
Square Feet
21,316 sq. ft
Lot Size
1.12
Stories
2.0
Sewer
Public Sewer

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Listing Courtesy of: 502-552-1296 - Bobby Bass - Bass Group Real Estate 502-552-1296

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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. Copyright 2024, Southern Indiana Realtors Association. All rights reserved.

This content last refreshed on 12/7/2024 10:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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