1101 S Main ST Active

Salem,IN 47167

$ 199900

4 Beds

2 Baths

2388 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 2,388 sqft

Price per Sqft $83

MLS Listing ID 2024011620

Style Two Story

Bedrooms 4

Full Baths 2

Year Built 1920

Annual Tax Amount $3,387

Lot Size 1.930 Acres

Property Sub-Type Residential

Property Description

Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to be built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.

Location

State IN

County Washington

Zoning Commercial

Interior

Heating Forced Air

Cooling Central Air

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Porch

Parking Features Attached, Garage

Garage Spaces 2.0

Garage Description 2.0

Roof Type Shingle

Building

Lot Description Corner Lot

Foundation Crawlspace, Cellar

Sewer Public Sewer

Water Connected, Public

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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