221 & 223 W Washington Street, Hartford City, IN 47348
sale
$99,900
|
Other
Courtesy Of RE/MAX Real Estate Groups
Investor Opportunity! Expand your portfolio with this versatile mixed-use property offering two commercial storefronts and a 2-bedroom apartment, creating multiple income-producing possibilities under one roof. The main level features two retail spaces, each with its own showroom, restroom, and storage area. The units are currently connected, allowing for one larger business operation, but can easily function as separate storefronts to maximize rental income and tenant flexibility. Upstairs, the spacious 2-bedroom apartment includes a comfortable living room, kitchen with washer and dryer hookups, one full bath, and includes the electric range and refrigerator. The apartment is currently rented for $550 per month, providing immediate income. (Window air conditioning unit is not included.) The upper-level tenant currently pays the water bill for the entire building. Additional features include gas forced-air heat and central air for the commercial level, an electric water heater, a durable metal roof, some newer replacement windows, and security camera system. Whether you're looking to occupy one storefront while collecting rental income, lease all three units for maximum cash flow, or establish your business with built-in investment potential, this well-maintained property offers outstanding flexibility and long-term value. Don't miss this opportunity to own a quality commercial building with multiple income streams!
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Floor Covering: Concrete
- Legal Description: Original plat 34' W Lot 4 Blk 24
- MLSID: 202543883
- Roof Type: Metal
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