What a great opportunity in a SWEET location!!! Old Town Greenwood is in the center of it all where you can walk to restaurants, shopping, Craig Park, and community events. You are also in an excellent school district! Make this one your next flip or keep it as a rental!
Currently, this once single family home is set up as a duplex with one bedroom and one bathroom on each side. Feel free to keep it that way and start collecting rent, or turn it back into a single family property with three bedrooms. Many of the historical homes in this location have been remodeled!
It also comes with a detached garage and a great front porch! There is nothing active within a quarter mile and 71 days has been the longest anything has stayed on the market within a quarter mile in the last 12 months.
There is only one comp (258 N Madison) for multifamily in a quarter mile over the past 15 months and it was set up as a four-plex. It had 1-three bedroom unit and three 1-bedroom units. It sold "as is" with three tenants in place for $101k to highest and best offer with only 6 days on market!! It had been listed for $79,900. If you go out one mile you will find more multifamily comps.
Single family comps with similar square footage, 3 bedrooms and 1 bath include:
410 W Wiley St sold for $134,500 with 40 days on the market
349 W Broadway St sold for $139,000 with 5 days on the market
Click link to see more PHOTOS!
||471 West Broadway Street, Greenwood, IN 46142, USA
|Sq Footage Source
||I am the owner of this property and have authority to sell
||April 13th, 2018
Do your research before making any investment!
Seller assumes all responsibility for the content of this listing.