100 Potts Street - Batesville
Fully Rented Apartment Building with 4 Units
SOLD! From List to Close in Under 10 Days!
This property is located just off of the square in Downtown Batesville, convenient to walking, shopping, and dining! The building has four units, with each having 3BR 1BA, and all are fully rented in 1-year leases. The property includes the back adjoining lot that has enough room for another smaller building which could accommodate two more units of the current-sized ones, yet still allow room for the required building setbacks. Each apartment is equipped with refrigerator, stove, and dishwasher. There is a laundry closet in each unit, but tenants must supply their own washers and dryers. The metal roof is about ten years old, and each unit has its own central HVAC system. Tenants pay their own utilities, and the owner pays $24 a month for the flood light in the parking lot. City of Batesville gas, sewer, & water, & the electricity is with TVEPA, so fiber optic internet is available.
Annual Taxes - $3,700 -- See more details in photos.
Driving Directions: From I 55, take the Batesville exit west onto Hwy 6. In about a mile and a half, turn right onto Bates Street, then left onto Church Street, and then right onto Potts Street. The building will be on the right.