328 Jay Street is a property that demands an honest assessment and a visionary's touch. This is not a project for the faint of heart; it is a full-scale restoration opportunity in a prime Rochester location. The Reality The structure is currently in a severe state of disrepair and is officially disclosed as non-livable and not habitable in its current condition. Prospective buyers must be aware of significant structural defects, including compromised flooring, unstable roofing, weakened support beams, and crumbling masonry. Additionally, the interior likely contains airborne contaminants. Due to these hazardous conditions, entry is strictly regulated: No individuals under 18 years of age are permitted on-site. All visitors must sign a Release of Liability prior to entry. The Potential For the experienced contractor or ambitious investor, the value lies in the large yard and the unbeatable central location. This property sits just steps away from: Riddle Elementary School Fulton County Fairgrounds The Public Library Downtown Rochester The surrounding neighborhood is well-established, with property values that will support significant improvements to the site. Whether you choose a total "studs-up" reconstruction or a fresh start on a substantial lot, the footprint offers a rare chance to build equity in a highly accessible part of town.
Listed By
Agency Name: Patton Hall Real Estate
Agency Contact: Office: 574-267-7501
Agent Name: Jeff Owens
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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328 Jay Street | MLS# 202609602
This single family home located at 328 Jay Street, Rochester, IN 46975 is currently listed for sale with an asking price of $76,000. This property was built in 1930 and has 4 bedrooms and 1 full baths with 2052 sq. ft. Jay Street is located within the Rochester Community School Corp. school district. Search Rochester real estate on www.coldwellbanker1stchoice.com today.