501 N 2ND ST
VINCENNES, IN 47591

$89,900

3 Beds

1 Baths

1,463 Sq Ft

Status Active

MLS# 202414605

Income producing home with long term tenant! This is a 3 bedroom, 1 bathroom home in Old Town Vincennes that has proven rental history. The current tenant is paying $700/month, has been there over 10 years and has an extended lease until January of 2027. This home has an added bonus, as it formerly had another 2 bedrooms and a bathroom upstairs prior to being closed off. This home has plenty of space and is the perfect investment home to add to your portfolio. Due to the tenant and current lease, this home will not qualify for any government loan types.

Details for 501 N 2ND ST

Built in 1880

$61 / Sq Ft

Central Air

Gas, Forced Air

21 Days on website

0.11 acres lot

Interior

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Hardwood Floors, Tile

Living Area

1,463 SqFt.

Hoa Features

Association Amenities

Sidewalks

Association Fee Frequency

Not Applicable

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

1880

Exterior And Lot

Lot Size Acres

0.11

Lot Size Square Feet

4792

Utilities

Cooling

Central Air

Heating

Gas, Forced Air

Area And Schools

City

Vincennes

Elementary School

Tecumseh-harrison

High School

Lincoln

Middle Or Junior School

Clark

School District

Vincennes Community School Corp.

Subdivision Name

Judah & Mantles

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$811.48

Tax Year

Additional Info

WATER COMPANY

Vincennes Water Utilities