1106 S Madison Street, IN 47403

$190,000

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List Price
$190,000
Status
ACTIVE
Days on Market
0
MLS#
22122261
Subtype
Residential Income
Year Built
1930
Acres
0.20
Subdivision
No Subdivision
MLS Area Major
Perry

Property Description

Two units, one investment opportunity, and plenty of room to add value. This bungalow-style duplex offers two 2-bedroom, 1-bath units. The front unit is currently occupied on a month-to-month basis, while the rear unit is vacant, giving the next owner flexibility to make improvements, secure new tenants, or explore owner-occupancy options. The front unit has street parking, with 2-3 parking spaces available for the rear unit. New gutters are already in place, but the property does have deferred maintenance and is priced with its condition and potential in mind. Located near walking trails and popular Switchyard Park, this is an opportunity for an investor who isn't afraid of a little work and can see the possibilities beyond the punch list.

Additional Information

Taxes
$4,434
Financing
Conventional
Air Conditioning
Window Unit(s)
Stories
One
Foundation
Block
Garage Spaces
1

Listing courtesy of Carpenter, REALTORS®.

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