120 N Main Street, Churubusco, IN 46723

$385,000 Asking Price

4 beds
7 baths
10,143  sqft
Built in 1947

Beautiful Historic Building in the Heart of Churubusco. 3 Fully leased apartments along with Main Floor & Basement Leased to Rancho Viejo Restaurant Rental income adds up to $4,467 per month. Main floor offers handicap restrooms & handicap ramp. Commercial tenant extending business to the Basement. Apartments count with private front entrance and back stairwell. Public parking across the street in the back along with Parking in the front and back of the building. 2 individual Central AC/Heat systems. 2nd floor New Furnace in 2024, new AC in 2023, New electric water heater in 2024. 1st Floor New AC in 2022. Apt A includes, Refrigerator & Gas Stove. Apt B Includes Electric Range, Apt C Includes Refrigerator & Electric Range. Building is currently owned and managed by Local investors looking to scale their investment. This is a great opportunity to start, or grow your investing portfolio. Book a showing today. Property also listed as commercial. Listing Agent has financial interest in the property. Buyer to confirm Bedroom measurements. Building is sold as is.

Features & Amenities

Interior

Basement:
Full Basement
Flooring:
Hardwood Floors,Carpet,Vinyl
A/C:
Central Air,Heat Pump,Multiple Cooling Units
Heating:
Gas,Forced Air,Heat Pump

Exterior

General:
Brick

Construction

Roofing:
Asphalt,Flat
General:
Other, Full Basement

Location

HOA Amenities:
Not Applicable
School District:
Smith-Green Community

Lot

Zoning:
MID 40.5FT LOT 3 ORIGINAL PLAT OF FRANKLIN, 92-04-13-540-003.000-010

Utilities

Water:
City

This listing courtesy of:
Coldwell Banker Real Estate Group, Cristopher Sanchez

About Churubusco, IN

Housing

Number of Units
2,938
Median Home Value
$155,687
Median Rent
$618

14.47% of housing units are renter occupied.

4.74% are vacant.

Commute

Car
73.79%
Public Transportation
0.00%
Walk to Work
0.47%
Work from Home
24.43%
Other
0.32%

The median travel time to work is 18 minutes.

People

Population
7,081
Median Age
41.70
Median Household Size
2.63

Education

High School
39.70%
Associate’s Degree
12.46%
Bachelor’s Degree
12.22%
Graduate Degree
4.11%

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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