114 S Jackson Street, Greencastle, IN 46135

Property Description

Victorian Triplex. Renovation Started, Ready for Completion. Value-Add Opportunity. Unlock the potential of this classic Victorian triplex where major renovation work has already been started-but now needs the right investor to bring it across the finish line. HVAC, Electrical, and Plumbing has the major work completed. This is a stalled project opportunity, perfect for a buyer looking to step into a partially completed renovation and create serious upside. Each unit includes a brand-new appliance package (ready for installation), allowing you to complete the project with modern finishes while preserving the character and charm that make Victorian properties stand out in the rental market. 3-unit Victorian triplex with strong architectural appeal. Renovation started by previous owner - not completed. Opportunity to customize finishes and maximize ARV. Significant upside potential with completion. Ideal for investors seeking: A value-add multi-family project. Ability to build equity through completion. Strong after-repair value (ARV) and rental income potential. A project with a head start-without starting from scratch. This is your chance to take over a partially completed project and turn it into a high-performing income-producing property. Run the DSCR numbers on this one! Finish it. Stabilize it. Cash flow it!