113 E 1st ST E #113 Active

Alexandria,IN 46001

$ 200000

- Bed

- Bath

3194 SqFt


Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,194 sqft

Price per Sqft $62

MLS Listing ID 22042786

Year Built 1940

Tax Year 2024

Lot Size 3,920 Sqft

Property Sub-Type Multi-Family 5+

Property Description

Attention Investors, opportunity only knocks once so don't miss this once in a lifetime chance. This is currently a 5 unit property and the owner is paying the utilities, the gas and electric are all on separate meters so could be charged individually. The water and sewer are separated by building so 113, and 119 are free-standing while 206- 206 1/2 206A are on the same water and sewer. But here is the opportunity, there is a duplex 115 and 117 E 1st Street and a garage apartment 208 that are in various stages of remodel, but could add an additional 2 -1 bedroom units to the duplex and 1 or 2 efficiency units in 208 building. We are currently in the process of obtaining the corrected zoning on this property but will have a commercial classification. This property is being sold As Is and seller will make no repairs. Priced to sell - ready to be going, going, gone!

Location

State IN

County Madison

Zoning multi famly

Interior

Heating Forced Air,Natural Gas

Cooling None

Exterior

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sep Electric Meter,Sep Gas Meter

View Y/N false

Roof Type Asphalt

Building

Story One

Foundation Block,Crawl Space,Full

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Alexandria Monroe Elementary School

Middle Schools Alexandria-Monroe Jr./Sr. High School

High Schools Alexandria-Monroe Jr./Sr. High School

School District Alexandria Community School Corp

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