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$2,100,000

Est. payment - /mo

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39 BD

24 BA

20,756 SqFt

Pending

70 Fairview Drive Bicknell, IN 47512

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Timothy Vicsik

tim@timvicsik.com +1(574) 329-9587

UPDATED:

12/19/2024 04:08 PM

Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Pending

Purchase Type For Sale

Square Footage 20,756 sqft

MLS Listing ID 202425050

Style Two Story

Bedrooms 39

Full Baths 24

Abv Grd Liv Area 20,756

Total Fin. Sqft 20756

Year Built 1977

Annual Tax Amount $9,996

Tax Year 2024

Lot Size 1.590 Acres

Property Description

24 unit apartment complex with potential for greater profit as the units continue to be renovated. Four units have already been completely renovated and several others have had partial renovations. Monthly rents listed are for the completely renovated units. All units have been upgraded to high efficiency mini-split heat pump units, allowing the owner to offer electric as well as water to be included with the rent, which has been very appealing to tenants. Roofs are only a few years old and windows in 4 units have been replaced. Very minimal vacancy.

Location

State IN

County Knox County

Area Knox County

Direction Entering Bicknell from the East on 67, watch for McDonalds on the left. Fairview Drive is just past it on the right at Wagler Discount Sales. The apartments are at the end of the drive just past the storage facility.

Rooms

Dining Room 0

Interior

Flooring Carpet, Laminate, Vinyl Tile

Appliance Building, Business, Land

Laundry , 48

Exterior

Exterior Feature Swing Set, Sidewalks

Fence None

Amenities Available Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Water Heater Electric, Sump Pump

Roof Type Asphalt,Shingle,Dimensional Shingles

Total Parking Spaces 48

Building

Lot Description 0-2.9999

Story 1

Structure Type Vinyl

New Construction No

Schools

Elementary Schools North Knox

Middle Schools North Knox

High Schools North Knox

School District North Knox S.D.

Others

Financing Conventional

IDX information provided by the Indiana Regional MLS

Listed by Michelle Sebastian • Re/Max Allstars

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Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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70 Fairview Drive Bicknell, IN 47512

Timothy Vicsik

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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70 Fairview Drive