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706 Village Lane Newburgh, IN $ 289,900
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$ 289,900 Get more info
706 Village Lane
$ 289,900
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706 Village Lane

Newburgh, IN, 47630
$ 289,900
Bedrooms8 Baths4.0 Sq 3,312

Monthly Estimate*

$ 1,927

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Multi-Family Home for sale in Newburgh, IN

for $289,900 with 8 bedrooms and 4 full baths. This 3,312 square foot home was built in 1971.

Great investment opportunity in downtown Newburgh! Close to schools, shops, restaurants, and Newburgh river trail. Well maintained and easy to lease. Four units with 2 bedrooms and 1 full bath in each. As of 6/21/24, 3 of the 4 units will be occupied. The 2 upper level units have been completely updated with new appliances, kitchen countertops, kitchen cabinets, and bedroom windows. All 4 units had flooring and bathrooms updated in 2016. New landscaping beds have been put in out front and the entire building was power washed in late fall 2023 (not pictured in listing photos). Tenants are responsible for CenterPoint. Owner is responsible for water, sewer, trash, and lawn maintenance. Building being sold as-is.

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Multi-Family Pending

Price

$ 289,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,531

Style

Fourplex

Year Built

1971

Town/City

Newburgh

County/Region

Warrick

MLS | Web ID

202417985
Features
General
Heating Electricity
Cooling Central Air
Sewer City
# of Buildings 1
Status Pending Pending
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1971
New Construction No
Tenant Pays Electric Heating Deposit Value
Subdivision Newburgh Village
Style Two Story
Stories 2
Township Ohio
Class INVESTMENT
Type Fourplex
Age 53
Net Income 30976
Rent Income 37200
Features Near Walking Trail Countertops-Laminate Eat-In Kitchen Patio Covered Washer Hook-Up Custom Cabinetry
REO No
Area Warrick County
High School Castle
City Newburgh
School District Warrick County School Corp.
Total Sq Ft 3312
Street Name Village
Elementary School Newburgh
Middle School Castle South
Legal Description PT NW 75 X 152.7 SW S34 T6 R9 .26 A NEWBURGH VILLAGE
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202417985
Agent First Name Jessica
Agent Last Name Meeks-Stephens
DOM 1
Tax Year 2024
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Interior
Basement Slab
Flooring Laminate Tile
Beds 8
Total Number of Units 4
Microwaves 4
Refrigerators 4
Washers 0
Dryer(s) 0
Dishwasher(s) 4
Disposal(s) 4
Above Grade Bedrooms 8
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 4
W/D Hookups 4
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Exterior
Exterior Brick Vinyl
Pool No
Number of Parking Spaces 4
Lot Size Area 11761
Lot Dimensions 75' x 153'
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Jessica Meeks-Stephens

Listing Agent

F.C. Tucker Emge

Broker

jessicastephens@fcte.com

Email

Affordability Calculator

$2,138
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,927
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1237715 Elementary School
1237068 Middle School
Castle High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2024$289,900 Listed Price

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706 Village Lane, Newburgh, IN, 47630 is a Multi-Family Home for sale at $289,900 with 3,312 sqft. 706 Village Lane has 8 bedrooms, 4.0 baths, and was built in 1971. The property's zip code is 47630 which is in Newburgh, IN

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