9633 W STATE ROAD 56 FRENCH LICK, IN 47432

Features

• Price/sqft: $52
• Lot Size: 42689
• Total Units: 7
• Total Rooms: 6
• Room List: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Office
• Stories: 100
• Construction Type: Wood

Facts

• Year Built: 01/01/1948
• Property ID: 878096567
• MLS Number: 202341541
• Parcel Number: 59-12-09-300-058.000-002
• Property Type: Commercial
• County: ORANGE
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. THIS COULD BE YOUR OPPORTUNITY TO OWN A FULLY FUNCTIONING TURN-KEY INVESTMENT PROPERTY. THIS 10 UNIT EFFICIENCY APARTMENT COMPLEX HAS A LOT TO OFFER INCLUDING A LARGE ASPHALT LOT WITH PLENTY OF PARKING SPACES, ADDITIONAL STORAGE FACILITY, MECHANICAL/LAUNDRY SERVICE FACILITY, AND NEARLY AN ACRE OF GROUND. MANY IMPROVEMENTS HAVE BEEN MADE TO WEATHERPROOF THE STRUCTURE INCLUDING THE ROOFING SYSTEM. ADDITIONAL SHOTGUN STYLE 3 BEDROOM, 2 BATHROOM HOUSE ADJOINS THE APARTMENT COMPLEX AND COULD BE USED AS A MANAGERS QUARTERS OR KEPT AS ADDITIONAL RENTAL FACILITY. HIGH TRAFFIC AREA ALLOWS FOR WELL NOTICED SIGNAGE AND VERY RARELY HAS ANY VACANCIES. EASY COMMUTES TO FRENCH LICK, JASPER ETC MAKE THIS A VERY CONVENIENT LOCATION. THERE IS ROOM TO ADD UP TO 4 MORE EFFICIENCY UNITS