360 Main Cross StCharlestown, IN 47111

For Sale
$129,900

Downtown Charlestown investment opportunity

Overview

Added:
Feb 3
Days on market:
37
This exceptional Charlestown, IN property presents a unique investment opportunity encompassing three units: a duplex, a first-floor office with an upstairs studio, and a large Victorian home. Situated in the heart of downtown Charlestown, approximately 20 minutes from Louisville, KY, this property offers significant potential. The 4-bedroom, 1.5-bathroom Victorian home, currently vacant, boasts original 1800s charm, including 10-foot ceilings, hardwood floors, five fireplace mantels, pocket doors, and intricate wood carvings. The first floor features a parlor, living room, dining room, eat-in kitchen, laundry area, and a half-bath. Upstairs, all four bedrooms and a full bath are located. A sizable unfinished attic offers expansion potential. A large fenced backyard provides ample space, complemented by off-street parking in the rear. While needing some renovation, the home's solid construction is evident. The property benefits from a city facade grant program offering a 50/50 match up to $10,000 per property. The property is zoned Downtown Historic and is sold as-is, with inspections welcome. This presents a rare chance to own a piece of Charlestown's history and capitalize on its prime location. The property's versatility allows for various uses, including residential, commercial, or a blend of both, potentially including short-term rentals. The potential for significant return on investment is substantial. The 0.19-acre lot provides ample space for the three units.

Property Details for 360 Main Cross St

Property type
Investment properties, Other investment properties
Year Built
1880
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Charlestown
County
Clark
State
Indiana
Latitude
38.4496
Longitude
-85.6553
360 Main Cross St, Charlestown, Indiana

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360 Main Cross St
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