FOR SALE

514 N. College Street Rockville, IN 47872

www.forsalebyowner.com/21562996

HISTORICAL HOME, COTTAGES, APARTMENT & RESALE SHOP
  • Listing ID 21562996
  •  
  • $395,000
  • Willing to finance
  • For Sale
  •  
  • 514 N. College Street
  • Rockville, IN 47872
  •  
  • 10 beds, 8.50 baths
  • Multi-Family

Contact The Owner

  • PERFECT FOR MULTIPLE FAMILIES OR AS A BUSINESS
  • 1-800-THE-OWNER
    (800-843-6963) ID=21562996
 

About this Property

Bedrooms:
10
Year Built:
1820
Amenities:
Fireplace, Central AC, Carpeted Floors, Wood Floors, Appliances Included, Patio/Balcony, Basement, Bonus/Great Room, Central Heating, Deck/Porch, Furnished, Garage, Jetted Bathtub, Spa/Jacuzzi, Mother-in-Law Apartment, Office/Den, Tile Floors
Bathrooms:
8.50
School District:
Parke County
Floors:
2.0
Garage Size:
1.0
Sq. Footage:
7500
Lot Size:
1 Acre(s)
Description:

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 ONLY PLUS A CONSIGNMENT SHOP.  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.  We currently have wonderful property managers; if you are looking for an investment but don't want to be hands on, they may want to stay....

 

FOR SALE

514 N. College Street Rockville, IN 47872

www.forsalebyowner.com/21562996