• 240-242 E. Main St., Hanover, IN 47243

This property isn't on the market right now.

Property Details

Perfect opportunity for flippers or investors! These 2 turn-of-the-century homes (240 and 242 E. Main St.) could be used as office space, or rented out for weekend getaways or student housing. Very close to Hanover College, and only minutes from scenic Madison and Clifty Falls State Park! 240 E. Main is a quaint, 507-square-foot, 1BR/1BA cottage, with potential for a 2nd bedroom, and 242 E. Main is 1,336 square feet, with 3 apartments: 1BR/1BA, 3BR/1BA, and 1BR/1BA with the potential for 2 bedrooms. Total acreage for the two lots is almost 1/4 acre! 240 E. Main currently rents for $600, including utilities. The 3 apartments in 242 E. Main are rented for $600, $700, and $550. Square feet is approximate; if critical, buyers should verify.

  • Property Type
    Flex Space
  • Submarket
  • Year Built
    1900
  • Total Building Size
    1,843RSF
  • Total Acres
    0.23
  • Zoning
    Residential
  • Property ID
    2147956