$169,900

714 W Washington Street, Shelbyville, IN 46176

3 beds |
2 baths |
1,534 sqft

Single-Family Home
Built in 1876
3,920sqft lot
—— car garage
$111/sqft
Listed 1 month ago

Property Description

Investment Opportunity with Endless Potential! This unique property features multiple deeded units, offering excellent income potential or multi-generational living options. The main home is a charming Victorian built in 1862, boasting over 1,500 square feet, 3 bedrooms, and 2 full baths. A detached 320 sq. ft. studio apartment with a private entrance serves as the second unit, perfect for rental income or guest accommodations. The main house also features a private exterior entrance to the second floor, creating the possibility to split it into two separate units-for a total of three income-producing spaces. While many updates have been completed-including windows, roof, gutters, siding, front doors, furnaces, and water heaters (all within the last 10 years)-much of the home's original charm remains. You'll find ornate front porches, double entry doors, and other period details waiting to be restored to their Victorian grandeur. Situated on a corner lot, the property includes a storage shed and a garden area in back. Bring this beauty back to life and take advantage of all the possibilities-whether you choose to live in the main house and rent the studio, or invest in multiple rental doors for steady income!

Listing Status:: Active
Listing Office:: RE/MAX Realty Group : 317-512-0865
Listing Agent:: Michelle Collings : 317-512-0865
MLS ID:: 22067544

General: In-Law Arrangement
Appliances: Gas CooktopRefrigerator
Basement: Partial
A/C: Central Air
Heating: Forced AirNatural Gas

Style: Traditional
Other Structures: Covered

General: TwoCellar

Originating MLS: mibor
School District: Shelbyville Central Schools
County: Shelby

Zoning: Amsden Add Maple W2 Lt29 & W2 Lt30731106100193000002

Utilities: Natural Gas Connected
Water: Public

Source: mibor

This listing courtesy of Michelle Collings, RE/MAX Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Thomas a Hendricks Elementary School

1111 Saint Joseph St, Shelbyville, IN, 46176

Grades KG-5

0.82 miles away

Shelbyville Middle School

1200 W McKay Rd, Shelbyville, IN, 46176

Grades 6-8

1.15 miles away

Shelbyville Sr High School

2003 S Miller St, Shelbyville, IN, 46176

Grades 9-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.