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Investor Opportunity in the Heart of Indiana! Situated along Philadelphia Street, this unique property offers two income-producing investments on one parcel. The main home features 4 bedrooms and provides excellent rental potential, while the separate building includes a 2-car integral garage with an upper-level apartment, creating an additional source of income. Being sold AS IS, with all contents remaining in the home, this property is ideal for investors looking to add value through renovations and updates. The main residence has an estimated rental income potential of $1,900-$2,350 per month, while the garage apartment could generate an additional $700-$850 per month. Yes, it needs some TLC, but the opportunity to increase value and maximize cash flow is already here. Whether you're expanding your rental portfolio or searching for your next investment project, this property offers the chance to turn sweat equity into strong returns in a desirable Indiana location. Don't miss out on the potential this property has to offer!
| DAYS ON MARKET | 1 | LAST UPDATED | 6/23/2026 |
|---|---|---|---|
| YEAR BUILT | 1905 | COMMUNITY | =Indiana Boro - IND" class="dsidx-reg-link">Indiana Boro - IND |
| COUNTY | Indiana | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AREA | Indiana Boro - IND |
|---|---|
| BASEMENT | Full, Walk-Out Access, Yes |
| CONSTRUCTION | Frame |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.2689 acre(s) |
| LOT DIMENSIONS | 0.2689 |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two Story |
| TAXES | 4264 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with REALTY ONE GROUP LANDMARK
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