About 9633 W State Rd 56
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 MANAGER’S 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
Features of 9633 W State Rd 56
| MLS® # | 202341541 |
|---|---|
| Price | $369,900 |
| Bathrooms | 12.00 |
| Square Footage | 42,689 |
| Acres | 0.98 |
| Year Built | 1948 |
| Type | Commercial |
| Sub-Type | Hotel & Motel |
| Status | Active |
Community Information
| Address | 9633 W State Rd 56 |
|---|---|
| Subdivision | None |
| City | French Lick |
| County | Orange County |
| State | Indiana |
| Zip Code | 47432 |
Amenities
| Utilities | Electric Hook-Up, Mun. Sewer Hook-Up |
|---|---|
| Features | 220 Volts |
| Parking Spaces | 20 |
| Parking | Off-Street, Paved, Private |
| Is Waterfront | No |
Interior
| Interior | Block, Drywall |
|---|---|
| Heating | Other Heating System |
| Cooling | Window |
| # of Stories | 1 |
| Basement | Slab |
Exterior
| Exterior | Block, Brick, Metal |
|---|---|
| Lot Description | Irregular, 0-2.9999, Enterprise Zone |
| Roof | Metal |
| Construction | Not Applicable |
Additional Information
| Days on Market | 393 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Matthew Corey |
|---|---|
| Office | Williams Carpenter Realtors |
| Contact Info | Cell: 812-583-2274 |