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About This Home

This 0-bedroom, 0-bathroom multi-family at 507 S Pennsylvania Street in Greenfield, IN is listed for $160,000. Built in 1900, on a 0.14 acres lot.

Agent Description

Discover a remarkable investment opportunity in the heart of Greenfield, Indiana, at 507-509 S Pennsylvania St. This inviting home is poised for your finishing touches, setting the stage for a lucrative cash-flowing property. Unit 509 offers an impressive layout with 3 spacious bedrooms, 1 bathroom, and a versatile loft currently used as a 4th bedroom.

You'll also find a living room, a kitchen/breakfast area, and an enclosed porch equipped with washer/dryer hookups. Currently, this unit is generating a steady income of $1,200 per month, with a lease in place until August 2026. While the kitchen floor needs some repairs and both the kitchen and bathroom could use a modern update, the potential here is undeniable.

Unit 507, a 1-bedroom, 1-bathroom space, features an open living area combined with a kitchen and breakfast nook, alongside an enclosed porch with washer/dryer hookups. This unit presents an exciting opportunity for a complete renovation of the kitchen and bathroom, as well as fresh paint and flooring throughout, allowing you to customize it to your vision. With a new roof, furnaces, and water heaters already in place, this property is a solid investment and being sold As-Is.

Key Features

  • Built in 1900
  • 0.14 acre lot

Property Details

1900

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

507 S Pennsylvania Street

Greenfield, IN 46140

No Subdivision

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Cooling

Multi UnitsWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 507 S Pennsylvania Street is listed at $160,000. The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.14 acre lot.

This property is listed by Gloria Gear and can be reached at 3172715959 or gloria@gearregroup.com.

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GG

Gloria Gear

Agent at Keller Williams Indy Metro S

(317) 271-5959

Listed by Keller Williams Indy Metro S · View on Broker Site

MLS# 22067691· Source: listhub· Updated 179 days ago

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507 S Pennsylvania Street, Greenfield, IN 46140

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