We are pleased to present this well-maintained, all-brick 12-unit multifamily property located at 304 Shelby Street in Vincennes, Indiana.
Nestled in a quiet, family-friendly subdivision, this asset sits in an up-and-coming area with long-term growth potential.
Approximately 75% of capital expenditures have been recently completed, offering investors a low-maintenance opportunity. Each unit
features a spacious 2-bedroom, 1-bathroom layout, ideal for stable tenant demand.
The property includes six coin-operated laundry machines (3 washers and 3 dryers) conveniently located on the second floor. Recent
improvements include a newer roof, individual furnaces, and central air conditioning. The building is fully electric, reducing overall utility
management complexity. With strong in-place fundamentals and upside potential in a growing market, 304 Shelby Street represents a
compelling investment opportunity in southern Indiana.