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Lynette Masterson
Lenihan Sotheby's International Realty
Lenihan Sotheby's International Realty home

701 E Spring Street
701 E Spring Street New Albany, Indiana 47150 United States

$4,275,000
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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...
$4,275,000
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Commercial
Property type
2021012189
Web Id
2021012189
MLS ID
New Albany-Floyd County Consolidated Schools
School District
22
days ago

About 701 E Spring Street

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.

Listing Courtesy of eXp Realty, LLC ,SIRA MLS
Listing Courtesy of eXp Realty, LLC
Lynette Masterson
  • Real Estate Professional
3803 Brownsboro Road
Louisville, Kentucky 40207 United States
Listing Courtesy of eXp Realty, LLC
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