Building Details:
511 W Harrison Ave is located in Clarksville, IN.
Nice 5 unit multi-family investment property that includes 2-2BR, 2-1BR, and 1 efficiency owner’s suite, (perfect for Landlord office). Building generates $2250/month rental income, with a net CAP rate of 9.5. The exterior of the property has been recently painted, a new sewer line installed, new electrical upgrades, added landscaping, with some new appliances. The two downstairs apartments also have in unit washer/dryer hookups. Property is convenient to everything, located approximately 1 mile from I-65. This property would be a nice addition to any investor portfolio! (Tenants require 48 hour notice for showings).
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- Jim Baker, agent and Rofo Pro