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Downtown 6-Unit Apartment Building

2702 Broad St New Castle, IN 47362

2702 Broad St, New Castle, IN, 47362
$175,000
For Sale
$175,000

Six-unit apartment property with exterior, electrical, and plumbing improvements already completed for continued renovation.

Days on Market71

Property Features for 2702 Broad St

General Information

Standard status
Active
Listing agency Keller Williams Indpls Metro N
Listed by Jamar Wright · License #RB19001241
Source Exprealty
Added: May 13 Updated: Jul 20 at 8:53PM Checked: Jul 20 at 8:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Indpls Metro N


Investment Insights

Based on property information with market context.

This 6-unit apartment building offers an investor opportunity with major exterior improvements and key system updates completed. The property has received upgrades to the electrical and plumbing systems, providing a solid foundation for the next owner to finish remaining renovations and move toward stabilized rental operations.

Located in downtown New Castle, the building is positioned near shopping, dining, and local employers. The existing improvements are intended to support reduced future maintenance concerns while the remaining work is completed.

With its current partially updated condition and multi-unit layout, the property is well suited for buyers looking to take over a value-add residential income asset and complete the renovation process.

Key Highlights

  • 6‑unit apartment property in downtown New Castle.
  • Major exterior improvements have been completed.
  • Electrical system updates have been made.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Pharmacy Restaurant Building Supply Nail Salon Hair Salon Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six-unit apartment property with exterior, electrical, and plumbing improvements already completed for continued renovation.
Where is this apartment building located?
The property is located at 2702 Broad St New Castle, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 6‑unit apartment property in downtown New Castle.; Major exterior improvements have been completed.; Electrical system updates have been made.
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