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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
6
Photos
4
beds
2
baths
2,388
sqft
Built in
1920
Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to be built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.
Features & Amenities
Interior
- General:
- Entrance Foyer,Eat-in Kitchen,Bath in Primary Bedroom,Main Level Primary,Pantry,Utility Room
- Laundry:
- Main Level,Laundry Room
- Basement:
- Crawl Space
- A/C:
- true, Central Air
- Heating:
- true, Forced Air
Exterior
- General:
- Porch, Garage(s)
- Style:
- Two Story
- Other Structures:
- Garage(s)
- Parking:
- Attached,Garage
Construction
- Roofing:
- Shingle
- General:
- Wood Siding, 2, Crawlspace,Cellar
Location
- Road/Access:
- Paved
- Originating MLS:
- SIRA
- County:
- Washington
Lot
- Zoning:
- Commercial, 13-20-300-007.000-22 PT SW 20-2-4, 882420000007000022
Utilities
- Water:
- Connected,Public
- Sewer:
- Public Sewer
Financial
- Source:
- SIRA
This listing courtesy of:
Streamline Real Estate, LLC
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Salem, IN
Housing
- Number of Units
- 6,526
- Median Home Value
- $126,433
- Median Rent
- $365
22.05% of housing units are renter occupied.
8.72% are vacant.
Commute
- Car
-
83.90%
- Public Transportation
-
0.30%
- Walk to Work
-
1.78%
- Work from Home
-
13.59%
- Other
-
0.20%
The median travel time to work is 26 minutes.
People
- Population
- 15,165
- Median Age
- 41.10
- Median Household Size
- 2.54
Education
- High School
-
43.82%
- Associate’s Degree
-
8.68%
- Bachelor’s Degree
-
9.99%
- Graduate Degree
-
3.79%
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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