601 Chestnut St Corydon, IN 47112
- Multifamily properties
- 3,768 SF
- 0.26 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 601 Chestnut St
- Year built
- 1970
- Lot size
- 0.26 lot acres
- Property size
- 3,768 SF
- Property type
- Multifamily properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corydon
- County
- Harrison
- State
- Indiana
- Longitude
- -86.11882
- Latitude
- 38.21023
