OPEN HOUSE- SATURDAY, AUGUST 29th 12 NOON - 2 PM!!Bring your offer. Charming Tri-Level Log Cabin with Income-Producing Potential in Mooresville! Unique investment opportunity just outside of Brooklyn in the Martinsville school district! This Cabin sits on a spacious corner lot surrounded by mature trees, offering plenty… Read More of shade, wrap around porches for privacy, and outdoor space for entertaining. The gravel driveway provides ample parking, with space for approximately two vehicles per unit. The property is currently configured as three separate living units, each offering its own kitchen and laundry hookups, creating an excellent opportunity for an investor seeking multiple income streams or a buyer looking for flexible multi-generational living. Unit 1 which is on the main floor has original stairs to second floor walled off which can be removed and reconfigured back to one larger two-story residential living space. Unit 1 features 4 bedrooms and 1 bath, with two separate entrances into the living space and its own private porch area. Unit 2, located on the second level, offers 3 bedrooms, 1 bathroom, and spacious kitchen. Unit 3 is accessed from the second level and continues upward into the home's top tri-level, where you'll find a spacious open-concept living room and kitchen, 3 bedrooms, and 1.5 baths. Conveniently located approximately 10 minutes from Mooresville, 13 minutes from Martinsville, and 35 minutes from Downtown Indianapolis, this property offers a unique combination of character, location, rental potential, and flexibility. Units 2 and 3 are currently leased, providing immediate rental income, while Unit 1 offers additional rental potential or flexibility for an owner occupant. Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or restore this distinctive log cabin into a spacious single-family home, this is an opportunity worth exploring! Read Less
Courtesy of The Modglin Group, 619-592-0312.
Listing Snapshot
Days Online
9
Last Updated
Property Type
Single Family Residence
Beds
10
Full Baths
3
Partial Baths
1
Square Ft.
4,770
Lot Size
1.26 Acres
Year Built
1978
MLS Number
22120362
30 Days Snapshot Of 46158
$354k
+1%
(avg) sold price
13
-55%
homes sold
81
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: Dishwasher, Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer
Basement
Description: Roughed In, Unfinished
Building
Area: 4770, Architecture: Log, Building Area: 4770, Construction Materials: Log, Levels: Two and a Half, Year Built: 1978
Cooling
Details: Central Air, Wall Unit(s)
Exterior Features
Patio Features: Patio, Porch, Wrap Around
Heating
Heating: Natural Gas
Laundry
Description: In Unit, Connections All, Laundry Closet, Main Level, Upper Level
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.”
Based on information submitted to the MLS GRID as of ,
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