Greensburg, IN 47240,516 & 518 W Main ST
Greensburg, IN 47240,516 & 518 W Main ST
Greensburg, IN 47240,516 & 518 W Main ST
Greensburg, IN 47240,516 & 518 W Main ST
Greensburg, IN 47240,516 & 518 W Main ST
Greensburg, IN 47240,516 & 518 W Main ST
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Listed by Laurin Smith • Lincoln Realty, INC

$250,000

$248,000

0.8%
Est.Price: ?

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Est. payment /mo

4,711 SqFt


SOLD DATE : 03/31/2023

Key Details

Sold Price $250,000

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,711 sqft

Price per Sqft $53

Subdivision No Subdivision

MLS Listing ID 21903180

Sold Date 03/31/23

Year Built 1900

Tax Year 2022

Lot Size 0.330 Acres

Acres 0.33

Property Description

This could be a huge money maker with a little tlc. & full occupancy. The demand is great. 4 Buildings 2 were built in 1950. Owner pays all utilities. Coin op laundry on site. Paved parking 2022. All deposits are $100 ea. Rents vary weekly, bi-weekly & monthly and average $693 to 867 per mo/ Some have been remodeled in 2022. Some are vacant. 518 is 2084 sf w/8 units. 516 is 2627 sf, 3 buildings total 2,627 sf w/8 units total. Lot is 90 x 160. Road frontage on Main St. is 90'. 2 buildings face main and 2 are behind 516. 516 A & B are 516 front building split in half w/two 2 Bedroom units. The two building behind are all efficiency x 6. 518 building is two 1 BR units & 6 efficiency units. Same owner since 2015.

Location

State IN

County Decatur

Zoning C1

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Gas, Sewer Connected, Water Connected

Building

New Construction false

Schools

Elementary Schools Greensburg Elementary

Middle Schools Greensburg Community Jr High

High Schools Greensburg Community High School

School District Greensburg Community Schools

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