422 424 E Second St Madison IN 47250 (MLS# 204972)

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422 424 E Second St Madison IN 47250

Listing Information
Price	$325,000
Listing Number	204972

Agent Remarks
Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of optionsmaintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim can be found throughout property. Located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. There are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. Property was recently inspected and no major defects were found. Tenants are month to month, 3 units are $650/mth, other unit is $460/mth.

Agent Remarks

Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of optionsmaintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim can be found throughout property. Located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. There are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. Property was recently inspected and no major defects were found. Tenants are month to month, 3 units are $650/mth, other unit is $460/mth.

Property Information

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General Information
Property Type	Residential
Style	Residential
County	Jefferson
Subdivision	Madison
Zip Code	47250
School District	Madison Consolidated
Listing Number	204972

Bedroom Information
Beds	4
Master Bedroom	18 x 13	L: 1
Bedroom 2	15 x 13	L: 1
Bedroom 3	18 x 13	L: 2
Bedroom 4	18 x 10	L: 2

Bathroom Information
Baths	5.0
Bath 1	Full	L: 1
Bath 2	Full	L: 1
Bath 3	Full	L: 2
Bath 4	Full	L: 2

Property Features
Basement	Partial
Garage	None
Parking	On Street
Windows	Other
Heating	Baseboard, Radiant Floor
Cooling	Window Unit

Additional Information
Levels	Two
Construction	Brick
Architecture	Federal
Lot Dimensions	odd
Gas	Natural
Water	Public
Sewer	Public Sewer
Foundation	Stone
Semi-Annual Taxes	$1,578.00

Room Information
Rooms	13
Living	18 x 18	L: 1
Dining	18 x 13	L: 1
Kitchen	12 x 11	L: 1
Laundry	11 x 6	L: 2

Additional Features

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This listing courtesy of Exp Realty. All Information is believed accurate, but is NOT guaranteed.

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Southeast Indiana Board of REALTORS®. Real estate listings held by brokerage firms other than Hoeting Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.