Skip To Content

701 E Spring Street

New Albany, IN 47150
  • $4,275,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 2021012189
UPDATED: 65 min ago
$4,275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Own a piece of HISTORIC downtown New Albany. The former St. Edward Hospital is now a 57 unit apartment complex. Rental units bring in $34,272.00/month in rent. This property has 21 one bedroom units, 30 two bedroom units, 4 three bedroom units, 1 four bedroom apartment, and a studio apartment. 11 of the units have dishwashers and washer dryer hookups. The main building has coin laundry on site. 8 washers and 8 dryers all brand new and owned not leased. There are several storage and maintenance rooms on the property. There is an on site office space, security room, and conference room. A children's playground in the courtyard with new playsafe rubber mulch. There are 2 passenger elevators and a freight elevator. All heat and air is run on boilers and cooling towers. The parking lot behind the property on Elm Street is also included. The listing agent is related to the seller.

Monthly Payment Calculator



© 2021 Southern Indiana Realtors Association. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Home Advisors. Data last updated: 2021-11-29T14:04:24.383.
www.yournextkentuckianahome.com/homes/123254988
Print Image

701 E Spring Street New Albany, IN 47150

  • Price: $4,275,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 65 min ago
  • MLS #: 2021012189
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
New Albany
County:
Floyd
Area:
New Albany
Property Description
Own a piece of HISTORIC downtown New Albany. The former St. Edward Hospital is now a 57 unit apartment complex. Rental units bring in $34,272.00/month in rent. This property has 21 one bedroom units, 30 two bedroom units, 4 three bedroom units, 1 four bedroom apartment, and a studio apartment. 11 of the units have dishwashers and washer dryer hookups. The main building has coin laundry on site. 8 washers and 8 dryers all brand new and owned not leased. There are several storage and maintenance rooms on the property. There is an on site office space, security room, and conference room. A children's playground in the courtyard with new playsafe rubber mulch. There are 2 passenger elevators and a freight elevator. All heat and air is run on boilers and cooling towers. The parking lot behind the property on Elm Street is also included. The listing agent is related to the seller.
Property Features

Current Use Multi-Family New Construction YN No Property Condition Resale Property Sub Type Multi Family Property Sub Type Additional Multi Family Tax Annual Amount 30000 Township New Albany

Listing courtesy of Sara Taylor-Hughes at Exp Realty, Llc.


© 2021 Southern Indiana Realtors Association. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Home Advisors. Data last updated: 2021-11-29T14:04:24.383.
 
https://bt-photos.global.ssl.fastly.net/sira/orig_boomver_1_2021012189-2.jpg https://bt-photos.global.ssl.fastly.net/sira/orig_boomver_1_2021012189-2.jpg https://bt-photos.global.ssl.fastly.net/sira/orig_boomver_1_2021012189-2.jpg
Logo
Elite Home Advisors
1994 Charlestown New Albany Pike
Jeffersonville IN, 47130