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112 N Main Street

Bourbon, IN 46504
  • $155,000
  • STATUS: Pending
  • ON SITE: 91 Days
  • MLS #: 202307036
Pending
UPDATED: 62 min ago
$155,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,612
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Carolyn Crooks of Berkshire Hathaway Homeservices Goshen: Office: 574-534-1010.

Description

Entrepreneurs and investors, are you looking for a prime opportunity to expand your business and generate additional revenue? Look no further than this exceptional retail storefront with two income-generating apartments. The building has undergone a complete renovation over the last 5 years, featuring updated flooring, fresh paint, updated electrical and plumbing, and a newer water heater in the upstairs unit. Upstairs, a spacious one-bedroom apartment awaits with high ceilings, ample natural light, full kitchen, and a full bathroom complete with a luxurious jacuzzi tub. Downstairs, an additional one-bedroom studio apartment boasts both front and rear entrances, along with full kitchen equipped with all appliances, full bathroom, and in-unit washer and dryer. The flexibility of the space is unparalleled, allowing for the option to maintain the current layout or convert the ground level window front space into an office or retail area while retaining the smaller main level and upstairs apartments. The opportunity even exists to run a business downstairs and live upstairs, adding convenience and efficiency to your daily routine. This building is move-in ready and poised for a new owner to take advantage of its potential. Don't miss out on this exceptional investment opportunity.

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© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 Parker Team | Keller Williams Realty. Data last updated: 2023-06-10T16:27:56.46.

www.parkerteamhomes.com/homes/137626296
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112 N Main Street Bourbon, IN 46504

  • Price: $155,000
  • Status: Pending
  • On Site: 91 Days
  • Updated: 62 min ago
  • MLS #: 202307036
2
Beds
2
Baths
1
½ Baths
0.06
Acres
2,612
SQFT
$59
$/SQFT
1915
Built
Neighborhood:
None
County:
Marshall
Area:
Marshall
Elementary School:
Triton
Middle School:
Triton
High School:
Triton
School District:
Triton School Corporation
Property Description
Entrepreneurs and investors, are you looking for a prime opportunity to expand your business and generate additional revenue? Look no further than this exceptional retail storefront with two income-generating apartments. The building has undergone a complete renovation over the last 5 years, featuring updated flooring, fresh paint, updated electrical and plumbing, and a newer water heater in the upstairs unit. Upstairs, a spacious one-bedroom apartment awaits with high ceilings, ample natural light, full kitchen, and a full bathroom complete with a luxurious jacuzzi tub. Downstairs, an additional one-bedroom studio apartment boasts both front and rear entrances, along with full kitchen equipped with all appliances, full bathroom, and in-unit washer and dryer. The flexibility of the space is unparalleled, allowing for the option to maintain the current layout or convert the ground level window front space into an office or retail area while retaining the smaller main level and upstairs apartments. The opportunity even exists to run a business downstairs and live upstairs, adding convenience and efficiency to your daily routine. This building is move-in ready and poised for a new owner to take advantage of its potential. Don't miss out on this exceptional investment opportunity.
Exterior Features

Exterior Brick Fence None Location City/Town/Suburb Lot Description Level0-2.9999 Lot Dimensions 22.4 X 126 Outbuilding None Parking Off StreetStreet Parking Spaces 4 Pool YN No Roof Material Flat Sea Wall Type None Style Two Story Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 2 Above Grade Finished Sqft 2612 Above Grade Unfin Sq Ft 477 Amenities BasementCeiling FanOff Street ParkingStorageBuilt-In BookcaseCeiling-9+Closet(S) Walk-InCountertops-LaminateDetector-SmokeWasher Hook-Up Basement Foundation CrawlPartial Basement Basement Material BlockPoured Concrete Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 572 Cooling Central Air Dishwashers 1 Disposals 0 Dryers 2 Flooring CarpetLaminate Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 572 Total Sq Ft 3661 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Wash Dry Hookups 2 Washers 2

Property Features

Annual Electric Expense 0 Annual Fuel Expense 2400 Annual Gross Rent 8280 Annual Insurance Expense 1000 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 852 Annual Property Tax 3068 Annual Trash Expense 0 Annual Water Sewer Exp 960 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 1 Electric Company Nipsco For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Nipsco Gross Monthly Income 690 Gross Monthly Rent 690 Lease Term Month To Month New Construction No One Bedrooms 1 Owner Pays Building Insurance Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Tenant Pays ElectricHeatingTrash CollectionWater Three Bedrooms 0 Township Bourbon Two Bedrooms 0 Unit1 Unit Rent 690 Unit1- Currently Rntd Y / N Yes Units Rented 1 Water Utility City Year Taxes Payable 2022 Pay 2023

Listing provided by Carolyn Crooks of Berkshire Hathaway Homeservices Goshen: Office: 574-534-1010.

© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 Parker Team | Keller Williams Realty.


© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 Parker Team | Keller Williams Realty. Data last updated: 2023-06-10T16:27:56.46.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Carolyn Crooks of Berkshire Hathaway Homeservices Goshen: Office: 574-534-1010.