531 N Main Street, Kendallville IN 46755 Photo 1 531 N Main Street, Kendallville IN 46755 Photo 2 531 N Main Street, Kendallville IN 46755 Photo 3 531 N Main Street, Kendallville IN 46755 Photo 4 531 N Main Street, Kendallville IN 46755 Photo 5 531 N Main Street, Kendallville IN 46755 Photo 6 531 N Main Street, Kendallville IN 46755 Photo 7 531 N Main Street, Kendallville IN 46755 Photo 8 531 N Main Street, Kendallville IN 46755 Photo 9 531 N Main Street, Kendallville IN 46755 Photo 10 531 N Main Street, Kendallville IN 46755 Photo 11 531 N Main Street, Kendallville IN 46755 Photo 12 531 N Main Street, Kendallville IN 46755 Photo 13 531 N Main Street, Kendallville IN 46755 Photo 14
Listing Courtesy of Jay Price of Mike Thomas Associates, Inc.

No driving directions were found. Please adjust your search.

531 N Main Street - Priced to sell!! Great investment opportunity. Currently zoned R-2. Use variance was issued in 1970 for beauty shop. The current owner rents out the upstairs one bedroom apt. for $350 per month. It has 1-Bedroom, Kitchen, LR, & Bath. The front of this property has a 5ft. wide enclosed wrap around porch. The home has 2 water heaters. The upstairs is heated with electric baseboard and tenant pays for electric only. Downstairs heated by gas furnace. Gas water heater for downstairs NEW Feb. 2016. Front street parking plus gravel lot in back for approx. 5 cars. Most of windows have been replaced with vinyl insulated. Six are not done, plus ones in enclosed porch. Washer and dryer on main level stay. Current owner pays $135/yr. for termite protection(transferable warranty). Owner wants to sell in "as is" condition. Asphalt alley behind property. Avg. Utility Costs: Elec. Up-$110/mo., Down-$50/mo., Gas:$87/mo., Water/sewer:$65/mo, Trash:$69/qtr. Also ML#:201606164 Virtual Tour

Listing information

  • MLS® ID: 201606228
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $1,503
  • Style: Mixed Use
  • Stories: 2
  • Lot Area: 0.08
  • Subdivision: Mitchells Addition
  • Year Built: 1901
  • New Construction: No
  • Lot Size: 30x130

Features

Auction Y/N No
BASEMENT/FOUNDATION Crawl, Partial Basement, Unfinished
Burglar Alarm Y/N No
COOLING Window
Currently Leased Y/N Yes
DOCUMENTS AVAILABLE Sellers Disclosure
Equipment Y/N No
EXEMPTIONS No Exemptions
EXISTING FINANCING Clear
EXTERIOR Aluminum
FENCE None
Fire Doors Y/N No
FIRE PROTECTION Public
FLOORING Carpet, Laminate, Vinyl, Wood
HEATING/FUEL Baseboard, Electric, Forced Air, Gas
INTERIOR WALLS Drywall
Other Approx. Lot Size SqFt - 3485, Bldg1 Above Grd SqFt - 1222, Bldg1 Below Grd SqFt - 623, Bldg1 Fin. Office SqFt - 0, Bldg1 Story - 2, Ceiling Height - 7'-9', Interior Height - 7'-9', Number of Buildings - 1, Parking Type - On Street and Gravel Lot
PARKING Gravel, Lot, Off-Street, Private, Unpaved, Yes
Planned Unit Dev. Y/N No
PRESENT USE Salon
Property SubType Mixed Use
PROPERTY USE Investment Property
PROPOSED FINANCING Cash, Conventional, FHA, VA
REO Y/N No
Road Access County
Road Surface Paved
ROOF MATERIAL Other
SALE INCLUDES Building
Security Light Y/N No
SEWER City, Public
Signs Y/N Yes
Smoke/Fire Alarm Y/N Yes
SPECIAL FEATURES Basement, Living Space
Sprinkler System Y/N No
Water Heater Y/N Yes
Water Softener Y/N No
WATER UTILITY City, Public
Waterfront Y/N No
Listing Courtesy of Jay Price of Mike Thomas Associates, Inc.