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Listed by Jamar Wright • Keller Williams Indpls Metro N
$ 175,000
Est. payment /mo
New
2702 Broad ST New Castle, IN 47362
5,490 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,490 sqft
Price per Sqft $31
MLS Listing ID 22101503
Tax Year 2025
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Multi-Family 5+
Property Description
Investor Opportunity in Downtown New Castle! Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income. Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization. With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market. Schedule your showing today and bring this investment Home!
Location
State IN
County Henry
Zoning Commercial
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Building
New Construction false
Schools
Middle Schools New Castle Middle School
School District New Castle Community School Corp
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