201 Toledo St Fremont, IN 46737-2070

This exceptional multifamily investment opportunity is located at 201 Toledo Street in the heart of downtown Fremont, Indiana. The property consists of a two-story building, totaling 4,550 square feet, situated on a 0.07-acre lot. Built in 1900, the building features two apartment units, each priced at $82,500, for a total asking price of $165,000. The price per square foot is $36.26. The apartments are in need of updating, presenting a significant opportunity for value enhancement. The first floor is zoned for commercial use, ideal for a variety of businesses such as a coffee shop, grill, or retail establishment. A two-car garage is included, offering additional tenant use or storage space. A recent investment of over $30,000 has been made in a new roof, complete with a lifetime warranty, significantly reducing future maintenance costs. This property offers a unique blend of residential and commercial potential in a desirable downtown location. The property's strong location and the potential for increased rental income make this an attractive investment opportunity. Don't miss this chance to acquire a well-located property with significant upside potential.