923 Spruce Street, Indianapolis, IN 46203
- $165,000
- 2
- BD
- 1
- BA
- 1,590
- SqFt
- List Price
- $165,000
- MLS#
- 22128847
- Property Type
- Residential
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft. of Residence
- 1,590
- Year Built
- 1920
- Days on Market
- 1
- Status
- ACTIVE
Property Description
STOP RIGHT HERE & check out this deal: 1 existing 2BR1BA house with garage + one vacant, developable lot - both for one low price - on a good-lookin' street, in Indy's hottest neighborhood. Numerous newly-built homes nearby provide credibility to rehab the house and/or redevelop this corner with confidence. Take advantage of the historic character & hardwood floors present in this petite but habitable house to bring it back to life as an efficient home or desirable addition to any rental portfolio. Consider taking it down & building something new & magnificent on both lots! What about splitting off the second lot & selling it for profit? ($60k+/- value) The possibilities are here for you to make it your own. Whether you're an owner occupant looking for a deal to rehab, or an investor, looking to unlock a new cash cow, or a builder looking for two precious lots in Fountain Square, there is abundant potential here and so many different ways you could make this property into whatever you need it to be.
Additional Information
- Basement
- Cellar, Unfinished
- Foundation
- Block, Brick/Mortar
- Stories
- One
- Architecture
- Craftsman, Traditional
- Equipment
- None
- Interior
- Attic Access, High Ceilings, Paddle Fan, Hi-Speed Internet Availbl, WoodWorkStain/Painted
- Acres
- 0.15
- Heat
- Forced Air, Natural Gas
- Cooling
- None
- Financing
- Conventional, FHA 203(k)
- Appliances
- Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
- Semi-Annual Taxes
- $1,137
- Garage
- Yes
- Garage Parking
- Courtyard Load Garage, Service Door
- Region
- Center
- Areas
- Bedroom Other on Main, Laundry in Unit
- Eating Areas
- Formal Dining Room, Separate Room
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Listing courtesy of Carpenter, REALTORS®.
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