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4 Plex 621 N Fulton Ave 4 Unit Apartment Building $273,028 CAD ($68,257 CAD/Unit) 10.82% Cap Rate Evansville, IN 47710

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EXECUTIVE SUMMARY

4-Plex. Tenants on RUBS for water/sewer. New roof and 2 new HVAC units. Remodeled and fully occupied.

ATTACHMENTS

621 N Fulton Ave

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $47,153 $4.07
Other Income - -
Vacancy Loss - -
Effective Gross Income $47,153 $4.07
Taxes $3,899 $0.34
Operating Expenses $13,710 $1.18
Total Expenses $17,610 $1.52
Net Operating Income $29,543 $2.55

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $47,153
Annual Per SF $4.07
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $47,153
Annual Per SF $4.07
Taxes (CAD)
Annual $3,899
Annual Per SF $0.34
Operating Expenses (CAD)
Annual $13,710
Annual Per SF $1.18
Total Expenses (CAD)
Annual $17,610
Annual Per SF $1.52
Net Operating Income (CAD)
Annual $29,543
Annual Per SF $2.55

PROPERTY FACTS

Price $273,028 CAD
Price Per Unit $68,257 CAD
Sale Type Investment
Cap Rate 10.82%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 11,578 SF
No. Stories 2
Year Built/Renovated 1901/2005
Parking Ratio 2/1,000 SF
Opportunity Zone Yes
Zoning C-4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-19-029-093.008-029
Land Assessment
$17,234 CAD
Improvements Assessment
$126,932 CAD
Total Assessment
$144,166 CAD
Annual Taxes
$3,899 CAD ($0.34 CAD/SF)
Tax Year
2024
  • Listing ID: 37636073

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: 621 N Fulton Ave, Evansville, IN 47710

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