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Listed by Fred McIntire • Keller Williams Indy Metro S
$ 174,900
Est. payment /mo
Active
114 S Jackson ST Greencastle, IN 46135
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22092085
Year Built 1900
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
Victorian Triplex. Renovation Started, Ready for Completion. Value-Add Opportunity. Unlock the potential of this classic Victorian triplex where major renovation work has already been started-but now needs the right investor to bring it across the finish line. HVAC, Electrical, and Plumbing has the major work completed. This is a stalled project opportunity, perfect for a buyer looking to step into a partially completed renovation and create serious upside. Each unit includes a brand-new appliance package (ready for installation), allowing you to complete the project with modern finishes while preserving the character and charm that make Victorian properties stand out in the rental market. 3-unit Victorian triplex with strong architectural appeal. Renovation started by previous owner - not completed. Opportunity to customize finishes and maximize ARV. Significant upside potential with completion. Ideal for investors seeking: A value-add multi-family project. Ability to build equity through completion. Strong after-repair value (ARV) and rental income potential. A project with a head start-without starting from scratch. This is your chance to take over a partially completed project and turn it into a high-performing income-producing property. Run the DSCR numbers on this one! Finish it. Stabilize it. Cash flow it!
Location
State IN
County Putnam
Interior
Fireplace N
Exterior
Roof Type Shingle
Building
Story Two
Architectural Style Victorian
Structure Type Wood Siding
New Construction false
Schools
Middle Schools Greencastle Middle School
High Schools Greencastle Senior High School
School District Greencastle Community School Corp
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