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About This Home

This 0-bedroom, 0-bathroom commercial at 2702 Broad Street in New Castle, IN is listed for $175,000 ($32 per sqft). the home offers 5,490 sqft of living space on a 0.31 acres lot.

Agent Description

Investor Opportunity in Downtown New Castle! Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income.

Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization.

With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market. Schedule your showing today and bring this investment Home!

Key Features

  • 0.31 acre lot

Monthly Cost Estimate

$936/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51

Estimates only. Actual payments may vary.

Location

2702 Broad Street

New Castle, IN 47362

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2702 Broad Street is listed at $175,000 ($32/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.

Key features include: 0.31 acre lot.

This property is listed by Jamar Wright and can be reached at 3178466300 or jamar.wright22@gmail.com.

JW

Jamar Wright

Agent at Keller Williams Indpls Metro N

(317) 846-6300

Listed by Keller Williams Indpls Metro N · View on Broker Site

MLS# 22101503· Source: listhub· Updated 19 days ago

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2702 Broad Street, New Castle, IN 47362

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