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1026 N 7th Street

Vincennes, IN, 47591

  • Price $189,900
  • Sq. Ft.7829
  • MLS #202424817
This is your sign to get into the storage unit industry. While you won't have Jarrod and Darrell from Storage wars showing up to your building, you still have a great opportunity to own a passive income producing property. There are 78 total units plus a basement area that is could be another unit or split up to more units. The property has an upgraded 4k camera system, recently renovated office area, and lighted panel sign. The property has the rights to a U-Haul Franchise, pending an employee or owner to complete their U-Haul training, and also the rear of the building has great 6th St. visibility. Seller is a licensed Realtor.
County
Knox County
Lot Size
0.1800
Year Built
1915
Sq, ft. finished
7,829sq. ft (approx.)
Subdivision
None
Annual Taxes
3065.14
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Tyler Simmons of KLEIN RLTY&AUCTION, INC., 812-890-1827.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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Testimonial

Tyler was amazing and always got back with me about questions that I had or steps that came next in such a fast manner. His experience and personal touch definitely made selling my home a lot less stressful.
Ray Thomas

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Frequently asked questions

What is the Difference between Sale Price & Assessment?
Here is one of the most commonly asked questions at Assessment Notice time: We recently purchased a property, why is it assessed at a different price then the purchase price? This could be due to a couple of reason: First, the motivation of the buyers and sellers can affect sale price. Therefore, when very similar properties are sold during the same time frame, a range of sale prices can result. The market value assessment reflects sales in the middle of this range of prices. As a result, the assessment could be higher or lower than a specific selling price. Second, market values may have changed between valuation day and the date you made your purchase. For example, in some areas, market values have increased since January 1. If this has happened in your area and you  have only recently purchased your property, it is possible that your assessment, while representative of your type of home 3 or 4 months ago, will be lower than your purchase price. The purpose of the assessment roll is not to reflect a single sale price, but to assess all properties at market value on the same valuation date, so that taxation is fairly and uniformly shared.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: October 31, 2024, 10:00 pm
IDX information provided by the Indiana Regional MLS