Martinsville, IN 46151,389 N Main ST
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Listed by Delanie Owen • Indy's HomePro Realtors
$ 890,000
Est. payment /mo
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389 N Main ST Martinsville, IN 46151

9,949 SqFt


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Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,949 sqft

Price per Sqft $89

MLS Listing ID 22064080

Year Built 1900

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Multi-Family 5+

Property Description

Don't miss an opportunity to own a completely remodeled, no deferred issues with this multi family property as an investment or live in to complete your portfolio!! No stone unturned all the way down to the brand new water main into the building, sewer lines, water lines, New underground electrical main, all new electrical panels wires and boxes as well for tenants to pay own electrical!! New insulation on the interior and attic. New decking, roofing, gutters, soffits, siding and more!!! All new modern interior updates that will attract any tenant with a good mix of units. 2 lower units have direct exterior access. Two two bedroom units on the main and upper with washers and dryers in units! A larger 1 bedroom on the main with a private roof top terrace! Rental opportunity $7500-$9000 monthly. Prime location in growing town for this beautiful brick 7 unit complex located 1 block from downtown Martinsville. Close to food, Entertainment the new I-69, 16 min from Indiana University Bloomington and 25 minutes from the southside of downtown Indianapolis.

Location

State IN

County Morgan

Zoning Mutli Family

Rooms

Basement Apartment, Exterior Entry, Finished, Finished Ceiling, Finished Walls, Walk-Out Access

Interior

Heating Electric, Wall Furnace

Cooling Ductless, Wall Unit(s)

Fireplace N

Exterior

Exterior Feature Balcony

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

Roof Type Shingle

Building

Story Three Or More

Foundation Cellar, Poured Concrete, Rock, Brick, Other

Structure Type Brick,Wood Siding,Vinyl With Brick

New Construction true

Schools

School District Msd Martinsville Schools


MIBOR MLS
Charles Bell

Charles Bell

Real Estate Advisor | RBRB18000586

+1(765) 532-9814

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389 N Main ST