2223 Nichol AVE new

Anderson,IN 46016

$ 79000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Shadeland Continuation

MLS Listing ID 22051177

Year Built 1930

Tax Year 2024

Lot Size 6,534 Sqft

Property Sub-Type Triplex

Property Description

Investor Opportunity! This unique property was originally two separate houses, now connected by two large meeting rooms-the multi-use property with 9,582 sqft, featuring some deficiencies, but priced to sell. The two original homes, one with the potential of a separate, efficient apartment, could serve as residences or generate rental income. The two large open areas could be adapted for various business uses, such as retail, events, or creative studios. It also has several offices for administrative tasks or meetings. A four-bay garage provides ample storage or workshop space. The property is located on a prominent corner, offering easy access from city streets on three sides. This property presents challenges but is priced to sell, making it an excellent opportunity for investors or developers seeking strong returns. Sold AS-IS, it's perfect for someone with a creative vision. With a prime location and plenty of square footage, this building has significant potential

Location

State IN

County Madison

Zoning Commercial

Building

Story Two

Foundation Block

New Construction false

Schools

Elementary Schools Anderson Elementary School

Middle Schools Highland Middle School

High Schools Anderson High School

School District Anderson Community School Corp

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