6085 State Road 42

Owen County IN 47868

1560 sq. ft.

36155 sq. ft.

Single-Family

Currently for sale - view listing

Overview

This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.

Features

4 bedrooms

2 bathrooms

1560 sq. ft. floor area

36155 sq. ft. lot size

Single-Family

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