New Castle, IN 47362,1701-1705 Morton Street
New Castle, IN 47362,1701-1705 Morton Street
New Castle, IN 47362,1701-1705 Morton Street
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$84,000
Est. payment /mo
3 Beds
1 Bath
1,222 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Pending

Purchase Type For Sale

Square Footage 1,222 sqft

MLS Listing ID 202508184

Style Two Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,222

Total Fin. Sqft 1222

Year Built 1917

Annual Tax Amount $1,050

Tax Year 2025

Lot Size 10,410 Sqft

Property Sub-Type Site-Built Home

Property Description

Discover the perfect investment with this versatile property featuring two fully rented units—a charming 3-bedroom, 1-bathroom main home and a separate 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit). Combined, these units generate a total of $1,185/month in rental income—with the main home at $600/month (1701) and the ADU at $585/month (1705). The spacious main residence offers abundant natural light, a functional kitchen, and a private backyard—ideal for relaxing or entertaining. The cozy ADU includes a full kitchen, comfortable living space, and a private entrance, providing flexibility and privacy for tenants or extended family. Located near schools, shopping, and other local amenities, this property also features ample off-street parking and strong income potential. Whether you're an investor seeking consistent cash flow, a homeowner looking for additional revenue, or in need of a multi-generational living setup, this property offers endless possibilities. Don't miss out on this income-generating gem.

Location

State IN

County Henry County

Area Henry County

Zoning R1 Single-Family Residence

Direction From St Rd 3 go E on Parkview Dr, Left on Morton, property on Left.

Rooms

Basement Crawl, Partial Basement

Dining Room 20 x 10

Kitchen Main, 18 x 10

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Carpet

Fireplaces Type None

Appliance Refrigerator, Oven-Gas, Range-Gas

Laundry Main, 3 x 4

Exterior

Fence None

Roof Type Asphalt

Building

Lot Description Corner

Story 2

Foundation Crawl, Partial Basement

Sewer City

Water City

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Parker

Middle Schools New Castle

High Schools New Castle

School District New Castle Community School Corp.

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202508184


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Indiana Regional MLS (IRMLS)
Listed by James Meredith • NextHome Elite Real Estate • Office: 765-729-5181
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