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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size 3185 sqft
Garage No
Taxes 
Lot Size 
Approx. Age 1880
Avg. Price Per Sqft $18
MLS® Number 22037126

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR ALERT! Don't miss this rare opportunity to transform a grand 5-bedroom historic home in the charming city of Elwood. Just blocks from the heart of downtown, this property is bursting with potential and ready for a full gut renovation to bring it back to life. With nearly 3, 200 square feet spread across two and a half floors, the layout and space offer endless possibilities for a creative and ambitious buyer. Some demolition work has already been started, and the roof is approximately 6 years old, giving you a head start on the rehab. The home sits on a spacious corner lot, offering plenty of room to add a garage, accessory dwelling unit (ADU), or even explore the potential for additional units (buyer to verify with the city). Whether you're looking to renovate for owner occupancy, create a short-term rental like an Airbnb or a charming bed & breakfast, or even explore commercial conversion given its location on Anderson Rd among several commercial properties-the upside is undeniable. If done right, the after-repair value (ARV) could reach $250K-$300K. This is a cash or hard/private money only sale due to the condition. Sold as-is. Bring your vision and unlock the full potential of this historic gem! Sold As-Is. No wholesalers and no seller financing.Show Description
MLS® Number22037126
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age1880
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Other:Main12 × 12 ft
Living Room:Main15 × 19 ft
Bedroom 2:Upper15 × 16 ft
Family Room:Main15 × 19 ft
Laundry:Main11 × 11 ft
Kitchen:Main12 × 15 ft
Dining Room:Main15 × 12 ft
Bedroom 5:Upper14 × 16 ft
Bedroom 3:Upper12 × 16 ft
Bedroom 4:Upper15 × 18 ft

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