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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
Home For Sale Indiana Rockville 1528
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Multiplex For Sale By Owner

OVER $550,000.00 INVESTED/currently listed with Realtor

514 N. College Street , Rockville, Indiana 47872 United States

With an economy like ours, an opportunity such as this doesn't come along often. This property is a historical home that has been well cared for, an apartment, and two newly built cottages that sit on an acre of land. The property was purchased to fulfill our mother's dream of owning and operating a bed & breakfast. Our mother has since retired and we are busy with our own properties and not able to operate the business to its potential. This property has a large innkeepers quarters besides the main house that can be used for family or rentals, plus the two cottages, the apartment that can be rented for long term guests, personal use, or overnight guests & a resale shop. This property has untapped potential, as it sits in the heart of the covered bridge capital of the world, the beautiful turkey run state park, Indiana state university, and so much more. The property is close to Indianapolis international airport, major hospitals, shopping, and more. This was a dream for our mother, now it is time for someone else to live their dream. It is with mixed emotions that we sell the property, as our family has had years of enjoyment, family times, and celebrations at this beautiful home and surroundings. We have met people from all over the world who have come to stay with us...but it is our time to go. I am willing to offer owner financing to a qualified buyer. You would have to see this property to appreciate its beauty and charm, from the spiral hanging staircase to the beautiful, original light fixtures and wood floors. The cottages were carefully built to offer a variety of accommodations to guests and family, from the two-sided fireplace in the romantic retreat to the adorable two-bedroom family cottage. Feel free to drop us a line if you have any questions. Many visitors say it is like a private village within a city. If you miss out on this opportunity, you have missed the chance of a lifetime to live where you work, avoid gas prices and awaken each morning to the sounds of birds and the solitude and security that this property and business opportunity offers. The property is currently operating as long term rentals. I would consider a trade as a down payment. There is no mortgage on the property thus i am in a position to be creative in financing for the right buyer. This property would be perfect for multiple families to live in one location and share expenses.........while also renting out units for income. It has the potential to pay for itself

Price: $375,000
Property Sub-Type: Multiplex
Total Lot Size : 1 Acres
Year Built : 1820
Listing ID: 1528

Map of: 514 N. College Street , Rockville, Indiana 47872 United States

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