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CAN GO ON RESIDENTIAL LOANOne of a kind opportunity to own a modern day mansion! Situated on Wittenberg University campus and less then 1 mile from downtown amenities such as Shopping, Mother Stewart's Brewery, CoHatch, Restaurants (Eatly, Cecil and Lime, La Torte, Salado, Charlos, Winans, Stella Bleu and many more), Entertainment and more. This 3 story, fully restored home/commercial property featuring a home with all original hardwood floors, 2 remodeled kitchens, a back room that is perfectly suited for large gatherings. There are many unique ways to make money from this property. Last year, it was rented to the Delta Fraternity and housed 14 guys to the tune of $500 per month per adult and with an NOI of $68,000+. This can be used as a multi family property or commercial property for an attorney office, medical office or a host of other uses. The back apt with 4 bedrooms and 2 baths has also been used as an #AirBnB as well, to pilots (Springfield Beckley is less than 10 minutes away) and traveling nurses (Springfield Regional is less than 1 mile away). The entire property has been upgraded since the last purchase to the tune of $250,000+ which includes a new roofing system (flat and pitched) along with new sheeting. Both of the kitchens and all of the bathrooms have been restored, the original hardwood floors have been brought to life and look incredible. Offering over 8,000 total sq. ft., this home can be a great place to have your business, all while you live here as well.
| DAYS ON MARKET | 162 | LAST UPDATED | 1/26/2023 |
|---|---|---|---|
| TRACT | Mccreights | YEAR BUILT | 1901 |
| COMMUNITY | 011 N O MAIN / W OF LIMESTONE | COUNTY | Clark |
| STATUS | Sold | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Sep 30, '22 | $499,900 |
|---|---|
| Sep 30, '22 - Today | $497,500 |
| ADDITIONAL DETAILS | |
| AREA | 011 N O MAIN / W OF LIMESTONE |
|---|---|
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.29 acre(s) |
| LOT DIMENSIONS | 75 x 170 |
| SEWER | Public Sewer |
| SUBDIVISION | Mccreights |
| TAXES | 4952 |
| WATER | Supplied Water |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Heritage
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