807 SE First Street Evansville, IN 47713

The historic and stunning Chateauesque brick building was the original Strouse residence and carriage house, designed originally by Frank Schlotter (a prominent architect of his time) as the clothing moguls home. Split into a top and bottom duplex to accommodate the growing family. Over the years the upstairs and downstairs were split off into four units and a fifth unit upstairs of the carriage house apartment was added (the main floor, units A &B are both on the same meter and could be changed back to a single residence easily). This would easily surpass $2m to rebuild today to standard with this attention to detail and moulding work. The slate roof and Turrets flanking either side of the front of the building will catch your eye. Once inside you will notice the amazing woodwork through the 8,219 sqft of total space at this fantastic investment property. Each apartment is approximately 1,200-1,300 sqft. Opportunity to break up HVAC to each unit is there to lower expenses as well as to add coin operated laundry and storage to the lower level. Currently the landlord pays for heating all four units on the main house and common area electric and hot water and water/sewer/trash. Tenants in C, D and carriage house pay for their own electric. This truly one of a kind property won't last long.