1519 Culbertson Avenue, New Albany, IN 47150

$99,000 Asking Price

1 bed
1 bath
880  sqft
Built in 1929

This cozy 1-bedroom, 1 bathroom home is a fantastic opportunity for investors seeking a steady, long-term income steam. Situated in the heart of New Albany, this property comes with loyal tenants who have called it home for 30 years, ensuring immediate rental income upon purchase. Key Features: * Cute front porch perfect for relaxing afternoons. * A fenced backyard offering privacy and plenty of outdoor space - wooden arbor swing included. * Recently updated systems: a 2-year-old water heater and HVAC system provide peace of mind and reduced maintenance costs. * Listed at just $99,000.00, this home is an affordable investment with solid potential. Located in a vibrant area of New Albany, this property offers easy access to local amenities, schools, and parks, making it an attractive rental option for years to come. Don't miss this rare chance to own a property with established tenants and a proven rental history. Message me today to schedule a showing or for more details. Sq ft & rm sz approx.

Features & Amenities

Interior

General:
Ceramic Bath
Appliances:
Oven,Range
Laundry:
Main Level,Other
Basement:
Crawl Space
A/C:
true, Central Air
Heating:
true, Forced Air

Exterior

General:
Fence,Porch, Shed(s)
Style:
One Story
Other Structures:
Shed(s)

Construction

Roofing:
Shingle
General:
Vinyl Siding, 1, Crawlspace

Location

Road/Access:
Paved
Originating MLS:
SIRA
County:
Floyd

Lot

Zoning:
Residential, P 13 E 1/2 L 82, 220502800375000008
Fencing:
Yard Fenced

Utilities

Water:
Connected,Public
Sewer:
Public Sewer

Financial

Source:
SIRA

This listing courtesy of:
Schuler Bauer Real Estate Services ERA Powered (N

About New Albany, IN

Housing

Number of Units
22,455
Median Home Value
$158,082
Median Rent
$638

36.06% of housing units are renter occupied.

7.44% are vacant.

Commute

Car
78.21%
Public Transportation
0.82%
Walk to Work
1.77%
Work from Home
18.91%
Other
0.23%

The median travel time to work is 19 minutes.

People

Population
48,823
Median Age
38.50
Median Household Size
2.50

Education

High School
33.58%
Associate’s Degree
9.20%
Bachelor’s Degree
16.33%
Graduate Degree
9.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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