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601 Chestnut St Corydon, IN 47112

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For Sale
$284,900

Five-unit multi-family, high rental income.

Property size:
3,768 SF

Property Features for 601 Chestnut St

General Information

Property type
Residential income properties
Square Feet
3,768 SF
Lot Size
11,326 SF

Building Details

Year Built
1970

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Listing Contact
Lori Short

Listing Agency: The Short-Bates Realty Group Listing Agent: Lori Short

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional five-unit multi-family property, situated at 601 E Chestnut Street in Corydon, Indiana, presents a compelling investment opportunity. Boasting a total of 3,768 square feet, this property sits on a 0.26-acre lot, offering ample space and potential. Its prime location places it in close proximity to Rice Island Park, enhancing its desirability. The property includes a convenient shed and a pleasant backyard that borders Indian Creek, providing a tranquil setting. All five units are currently occupied, generating consistent rental income. Detailed financial information regarding each apartment and its rental income is available upon request. The property also features on-site parking, a significant advantage for tenants. This turnkey investment is ready for a new owner to step in and continue benefiting from the established rental stream. The property's strong location, combined with its current occupancy and income generation, makes it an attractive prospect for investors seeking a stable and profitable addition to their portfolio. Don't miss this chance to acquire a well-maintained, income-producing multi-family property in a desirable Corydon location. Contact us today to schedule a viewing and explore this exciting investment opportunity further.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Corydon
County
Harrison
State
Indiana
Longitude
-86.11882
Latitude
38.21023

FAQs

What type of property is this?
Residential income property - Five-unit multi-family, high rental income.
Where is this residential income property located?
The property is located at 601 Chestnut St Corydon, IN.
What is the asking price?
The asking price for this property is $284,900.
More about this property
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