Fenced-in front yardSpacious three-bedroom apartmentKitchen and laundry areaStand-up shower
VERSATILE. SPACIOUS. FUNCTIONAL. Exceptional mixed-use investment opportunity featuring a café, a spacious three-bedroom apartment, and a studio apartment, offering multiple income streams and outstanding versatility. The main-level café features a spacious dining area, a separate commercial kitchen, a restroom, and plenty of storage, providing a functional layout for continued restaurant or café operations. Whether you're looking to continue the current business or introduce a new concept, this space offers excellent potential. The three-bedroom, one-bath apartment provides comfortable living accommodations with a spacious layout. Step inside to a bright living room, creating a welcoming atmosphere. To the right, you'll find the kitchen and laundry area, while straight ahead is one bedroom. To the left are two additional bedrooms and a full bathroom. The apartment also features a fenced-in front yard, offering a private outdoor space to enjoy. Also included is a spacious studio apartment filled with natural light. The studio features a well-designed open living area, a kitchen with ample cabinet storage, and a bathroom with a stand-up shower, making it ideal for rental income, owner occupancy, or guest accommodations. Some of the most recent updates include a fire suppression system installed in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, and new flooring. Additional improvements include sealed concrete and brick. Utilities are provided by Duke, Midwest Natural Gas, and Town of Medora Water. Whether you're an investor seeking multiple income opportunities or an entrepreneur looking to operate a business while generating residential rental income, this unique property offers outstanding flexibility and long-term potential. With three distinct spaces under one property, this exceptional investment offers the rare opportunity to combine business ownership with multiple residential income streams.
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Zillow last checked:
Listing updated:
Listed by:
Natasha Johns812-345-2795,
Williams Carpenter Realtors
Source: IRMLS,MLS#: 202630510
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 3
Bedroom 1
Level: Main
Bedroom 2
Level: Main
Kitchen
Level: Main
Area: 280
Dimensions: 20 x 14
Living room
Level: Main
Area: 216
Dimensions: 18 x 12
Heating
Natural Gas, Forced Air
Cooling
Central Air
Appliances
Included: Refrigerator, Electric Cooktop, Electric Oven
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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