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115 W Main St Monrovia, Indiana 46157 MLS# 21966858
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This property has a commercial zoning BUT residential is grandfathered in until it changes usage. Under the carpeted areas are hardwood floors. The seller's disclosure gives a lot of information about the major concerns like roof, electrical, and foundation. Attached documents includes a foundation inspection report. This little home is a perfect starter, rental income, or a small business. Downtown Monrovia is very attractive. The 2nd bedroom doesn't have a closet and would need a wardrobe cabinet. The kitchen is all country & efficient. There's a 10x06 Mudroom off the kitchen with loads of storage for outdoor equipment, backpacks, and all those shoes. The storage barn is not on a permanent foundation and can be relocated somewhere on this large lot. For those wanting a future rental business...live in this home today and rent when you're ready to move on. Or if you're thinking of starting a business... this is definitely an affordable way to start that as well. Great investment for anyone's future plans. The living room is very spacious with bedrooms on both sides. The bathroom also has a closet/storage room about 06x06 with vinyl floor. Everything works according to the tenant who moved for medical reasons. Tenant said she filled the propane tank twice a year and estimated about $900-$1000 per year for fill-ups seller will nand usually had more in the tank. Walk to school, convenient mart, or a dollar store. There is alley access if you ever wanted a garage/pole barn? Street parking is also available. Business on both sides of this home do not cause distractions due to their type of businesses. You can also walk to get a sandwich down the street or a larger meal across the street. The fenced back yard is perfect for little ones and/or dog lovers or both. You can do any updates as you live in the home. Make this your home at an affordable price. Seller will not pay for any appraisal required repairs. Not expected any repairs.
Approximate Room Sizes / Descriptions
Bathrooms
Reduced By $25,000