314 S Union Street Active Save Request In-Person Tour Request Virtual Tour
Selma,IN 47383
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,806 sqft
Price per Sqft $105
MLS Listing ID 202532816
Style One and Half Story
Bedrooms 3
Full Baths 1
Year Built 1870
Annual Tax Amount $1,786
Tax Year 2025
Lot Size 10,890 Sqft
Property Sub-Type Site-Built Home
Property Description
GREAT Investment Package. Cash cow opportunity exits in Selma. Two dwellings on 1 parcel. One is a 3 bedroom 1/12 story home with Kitchen, dining room, living room, laundry room, family room with wood burning stove, and 10 X 17 porch, that currently is vacant, but, could easily rent for $1,200 / month. The other is a duplex: each is a 2 bedroom 1 bath unit. The 1 current tenant pays $625 / month and the other is currently vacant, but, could easily rent for $750 / month. In the upstairs duplex an efficiency apartment has been started, but needs to be finished. The annual income fully rented would be $32,000, and at a 10% cap would be $320,000. In addition, the lot just to the east, parcel #:18-12-15-108-008.000-011, 83' X 165', comes with this package as well! Properties are being sold " AS IS". Seller has never lived in property and is a P.O.A.
Location
State IN
County Delaware County
Area Delaware County
Rooms
Family Room 13 x 11
Dining Room 12 x 10
Kitchen Main, 15 x 10
Interior
Heating Gas,Forced Air
Cooling Central Air
Flooring Carpet,Vinyl
Fireplaces Type Wood Burning Stove
Laundry Main, 17 x 10
Exterior
Fence Chain Link
Amenities Available Countertops-Laminate,Porch Enclosed
Roof Type Asphalt,Shingle
Building
Lot Description Level,Partially Wooded
Story 1.5
Foundation Crawl,Slab
Sewer City
Water City
Structure Type Aluminum,Brick
New Construction No
Schools
Elementary Schools Selma
Middle Schools Selma
High Schools Wapahani
School District Liberty-Perry Community S.D.
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202532816