208 E Monroe Street, Alexandria, IN 46001

$38,900 Asking Price

3 beds
1 bath
1,812  sqft
Built in 1899

Introducing a promising investment opportunity: a 3-bedroom, 2-bathroom property spanning 1,812 square feet. This home is in need of a full rehab, making it an ideal project for investors looking to add value. Previously converted into a duplex, the property offers flexibility to either maintain its current layout or convert it back into a single-family home. The upstairs area has been gutted, providing a blank canvas for your vision. Note that no utilities are currently connected, offering a fresh start for all necessary installations. Despite its challenges, this property holds significant potential. The roof has sustained damage, leading to water damage at the rear of the home, and some light structural work is required. However, with the right amount of care and attention, this home can be transformed into a valuable asset. This is a great opportunity for someone ready to breathe new life into a property that needs some love and extensive renovation.


Features & Amenities

Interior

General:
Attic Access
Appliances:
None
Laundry:
Upper Level
A/C:
None
Heating:
Other, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Parking:
None

Construction

General:
Two, Block

Location

Originating MLS:
mibor
School District:
Alexandria Community School Corp
County:
Madison

Lot

Zoning:
A L & G Co 2nd 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:, 480513401120000022

Utilities

Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
2 %

This listing courtesy of:
Epique Inc, Todd Bailey

About Alexandria, IN

Housing

Number of Units
5,278
Median Home Value
$103,800
Median Rent
$536

24.34% of housing units are renter occupied.

11.39% are vacant.

Commute

Car
83.53%
Public Transportation
1.05%
Walk to Work
0.73%
Work from Home
14.16%
Other
0.44%

The median travel time to work is 24 minutes.

People

Population
11,293
Median Age
41.70
Median Household Size
2.68

Education

High School
38.88%
Associate’s Degree
9.87%
Bachelor’s Degree
12.40%
Graduate Degree
5.36%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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