Map
Listed price in listed location currency (USD).
$405,000

000

MLS® 22119730

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 16
Lot Size 1.2599999904632568 Acres
Approx. Age 1978
MLS® Number 22119730

Property Address: 7593-7591-7593 N Old State Road 67, Mooresville, IN, 46158-6501

Average square foot calculated using Size range provided by listing agent.

Description

BRING YOUR OFFER! Charming Tri-Level Log Cabin with Income-Producing Potential in Mooresville! Unique investment opportunity just outside of Brooklyn in the Martinsville school district! This Cabin sits on a spacious corner lot surrounded by mature trees, offering plenty of shade, wrap around porches for privacy, and outdoor space for entertaining. The gravel driveway provides ample parking, with space for approximately two vehicles per unit. The property is currently configured as three separate living units, each offering its own kitchen and laundry hookups, creating an excellent opportunity for an investor seeking multiple income streams or a buyer looking for flexible multi-generational living. Unit 1 which is on the main floor has original stairs to second floor walled off; however, these can be removed and reconfigured back one larger two story living space. Unit 1, features 4 bedrooms and 1 bath, with two separate entrances into the living space and its own private porch area. Unit 2, located on the second level, offers 3 bedrooms, 1 bathroom, and spacious kitchen. Unit 3 is accessed from the second level and continues upward into the home's top tri-level, where you'll find a spacious open-concept living room and kitchen, 3 bedrooms, and 1.5 baths. Conveniently located approximately 10 minutes from Mooresville, 13 minutes from Martinsville, and 35 minutes from Downtown Indianapolis, this property offers a unique combination of character, location, rental potential, and flexibility. Units 2 and 3 are currently leased, providing immediate rental income, while Unit 1 offers additional rental potential or flexibility for an owner occupant. Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or restore this distinctive log cabin into a spacious single-family home, this is an opportunity worth exploring!
MLS® Number22119730
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage1.26
Exterior
GarageNo
Approx. Age1978
BasementRoughed In, Unfinished
Driveway
Garage Spaces
HeatElectronic Air Filter
A/CCentral Air, Wall Unit(s)

Extras

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