2702 Broad Street, New Castle, IN 47362

$155,000
5,490
SqFt

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List Price
$155,000
Price Change
▼ $20,000 1783975767
MLS#
22101503
Property Type
Commercial Sale
Sqft. of Residence
5,490
Days on Market
76
Status
ACTIVE

Property Description

Investor Opportunity in Downtown New Castle! Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income. Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization. With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market. Schedule your showing today and bring this investment Home!

Additional Information

Acres
0.31
Region
Henry

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Listing courtesy of Keller Williams Indpls Metro N.

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