IN > Vincennes > Mass & Watson
Vincennes, IN 47591,1321 N 3rd Street
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Vincennes, IN 47591,1321 N 3rd Street
Vincennes, IN 47591,1321 N 3rd Street
Vincennes, IN 47591,1321 N 3rd Street
Vincennes, IN 47591,1321 N 3rd Street
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 2,900,000
Est. payment /mo
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Active

1321 N 3rd Street Vincennes, IN 47591

32 Beds

32 Baths

15,360 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Square Footage 15,360 sqft

Subdivision Mass & Watson

MLS Listing ID 202549191

Style Two Story

Bedrooms 32

Full Baths 32

Abv Grd Liv Area 15,360

Total Fin. Sqft 15360

Year Built 1973

Annual Tax Amount $7,600

Tax Year 2025

Lot Size 0.700 Acres

Property Sub-Type Apartment Complex

Property Description

Discover a lucrative investment opportunity with this exceptional 32-unit apartment complex located at 1321 N. 3rd St., Vincennes, IN 47591. This property boasts 12 fully renovated one-bedroom, one-bath units, showcasing modern flooring, stylish trims, contemporary fixtures, sleek cabinetry, and high-end appliances. 7 units are 80-90% renovated with appliances on site as well as other materials. The renovations not only enhance aesthetic appeal but also ensure higher rental demand and increased revenue potential. The exterior of the building has seen significant upgrades, including improvements to the parking lot and mailbox area, creating a welcoming environment for residents. With half of the units already rehabilitated, investors have the unique opportunity to complete renovations on the remaining 13 units, further increasing property value and maximizing rental income. Located in a desirable area, this apartment complex offers convenience to local amenities, schools, and public transportation, making it an attractive residence for tenants seeking comfort and accessibility. Positioned for growth, this property is ideal for investors looking to capitalize on the increased rental opportunities by enhancing remaining units and updating common areas. Don't miss out on this chance to acquire a well-maintained asset with room for significant returns.

Location

State IN

County Knox County

Area Knox County

Direction From Hwy 41 take Hart St into Vincennes. Turn Right on 2nd St. Turn Right on Locust. Property is on the corner of Locust and 3rd St.

Rooms

Dining Room 0

Interior

Flooring Laminate

Appliance Building, Land, Lease

Laundry , 32

Exterior

Amenities Available Off Street Parking, Cable Available, Eat-In Kitchen, Porch Covered, Water Heater Electric

Total Parking Spaces 32

Building

Lot Description Level

Story 2

Structure Type Brick,Vinyl

New Construction No

Schools

Elementary Schools Tecumseh-Harrison

Middle Schools Clark

High Schools Lincoln

School District Vincennes Community School Corp.

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202549191

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Michael Melton • ERA FIRST ADVANTAGE REALTY, INC • Office: 812-858-2400
Trueblood Real Estate

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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1321 N 3rd Street

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