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420 S 25th Street
New Castle, IN 47362

$79,900 - Status: Active
SQFT: 2,268
MLS# 202643525

Unique Investment Opportunity in central New Castle! This versatile income-producing property offers the best of both worlds, featuring a three-bedroom, one-bath rental home connected to approximately 800 square feet of office or retail space. With multiple potential uses, this property presents an exciting opportunity for investors, entrepreneurs, or buyers looking to combine residential living with a business venture. The additional space offers potential to be converted into a second residential unit or used for a small business, subject to applicable approvals. Previously home to a long-standing security business, the commercial space offers a unique opportunity to bring your vision to life. With some updates and a little elbow grease, this property could become a valuable addition to your investment portfolio or the perfect setup for an owner-operator looking to live and work in one convenient location. Explore the possibilities and unlock the potential of this unique property!

Property Features

MLS#: 202643525
Zip: 47362
Subdivision:
Development: Henry
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Crawl
Cooling: Central Air
Days on Site: 13
Heating: Gas, Forced Air
Home Style: Other
Lot Size: 0.16 acres
Roof Type: Asphalt, Shingle
Stories: 1.0
Year Built: 1900

Feature Descriptions

Above Grade Finished SQFT: 2268
Amenities: Ceiling Fan, Alarm System-Security, Closet(s) Walk-in, Countertops-Laminate, Water Heater Gas
Exterior: Vinyl
Lot Description: Level
Lot Dimensions: 56X125
Sale Inclusions: Building, Lease
Sewer: City
Total Finished SQFT: 2268
Units: 2
Water: City

Local Schools

High School: New Castle
Middle School: New Castle
Elementary School: Eastwood
School District: New Castle Community School Corp.

420 S 25th Street | MLS# 202643525

This multi-family property located at 420 S 25th Street, New Castle, IN 47362 is currently listed for sale with an asking price of $79,900. S 25th Street is located within the New Castle Community School Corp. school district. Search New Castle real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: F.C. Tucker/Crossroads Real Estate
Agency Contact: Cell: 765-524-3018
Agent Name: Mike McKown

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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