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Listed by Gloria Gear • Keller Williams Indy Metro S
$ 160,000
Est. payment /mo
New
507 S Pennsylvania ST Greenfield, IN 46140
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22067691
Year Built 1900
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Discover a remarkable investment opportunity in the heart of Greenfield, Indiana, at 507-509 S Pennsylvania St. This inviting home is poised for your finishing touches, setting the stage for a lucrative cash-flowing property. Unit 509 offers an impressive layout with 3 spacious bedrooms, 1 bathroom, and a versatile loft currently used as a 4th bedroom. You'll also find a living room, a kitchen/breakfast area, and an enclosed porch equipped with washer/dryer hookups. Currently, this unit is generating a steady income of $1,200 per month, with a lease in place until August 2026. While the kitchen floor needs some repairs and both the kitchen and bathroom could use a modern update, the potential here is undeniable. Unit 507, a 1-bedroom, 1-bathroom space, features an open living area combined with a kitchen and breakfast nook, alongside an enclosed porch with washer/dryer hookups. This unit presents an exciting opportunity for a complete renovation of the kitchen and bathroom, as well as fresh paint and flooring throughout, allowing you to customize it to your vision. With a new roof, furnaces, and water heaters already in place, this property is a solid investment and being sold As-Is.
Location
State IN
County Hancock
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Shingle
Building
Story Two
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
Middle Schools Greenfield Central Junior High Sch
High Schools Greenfield-Central High School
School District Greenfield-Central Com Schools
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