Jay Tenuta

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509 N High Street
Salem, IN 47167

$99,900 - Status: Active
SQFT: 2,584
MLS# 202603429

INVESTMENT. OPPORTUNITY. PROFITABLE. This three unit apartment building offers excellent income potential in a convenient, central location close to shopping, dining, and everyday amenities. With one unit currently rented and two units available, this property provides immediate and future rental opportunities. Units 1 and 2, located on the main level, each feature one bedroom, one bathroom, and an eat-in kitchen. Unit 3, situated upstairs, offers two bedrooms, one bathroom, and a kitchen, making it ideal for larger households or increased rental value. Additional highlights include off-street asphalt parking and a shared laundry area for tenant convenience. Utilities are provided by Duke and Town of Washington Water. Whether you're expanding your portfolio or stepping into your first multi-unit investment, this property presents a strong opportunity with flexible rental options and a desirable location.

Property Features

MLS#: 202603429
Zip: 47167
Subdivision:
Development: Washington
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Unfinished
Cooling: Window
Days on Site: 84
Heating: Electricity, Baseboard
Home Style: Apartment Building
Lot Size: 0.30 acres
Roof Type: Metal
Stories: 1.5
Year Built: 1940

Feature Descriptions

Above Grade Finished SQFT: 2584
Amenities: Ceiling Fan, Countertops-Laminate, Eat-In Kitchen, Patio Covered, Porch Covered
Exterior: Wood
Location: City/Town/Suburb
Lot Description: Irregular
Lot Dimensions: Irregular
Owner Pays: Water
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 2584
Units: 3
Water: City

Local Schools

High School: Salem
Middle School: Salem
Elementary School: Bradie M Shrum
School District: Salem Community Schools

509 N High Street | MLS# 202603429

This multi-family property located at 509 N High Street, Salem, IN 47167 is currently listed for sale with an asking price of $99,900. N High Street is located within the Salem Community Schools school district. Search Salem real estate on jtenuta.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Williams Carpenter Realtors
Agency Phone: 812-275-4401
Agent Name: Natasha Johns

Shown By

Agent Name: Jay Tenuta
Agent Phone: (219) 324-1573
Agency Title: Coldwell Banker 1st Choice

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Coldwell Banker 1st Choice Jay Tenuta (219) 324-1573

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