208 E Monroe St Alexandria IN 46001 MLS 21986096

Home Description: 208 E Monroe St

Introducing a promising investment opportunity: a 3-bedroom, 2-bathroom property spanning 1,812 square feet. This home is in need of a full rehab, making it an ideal project for investors looking to add value. Previously converted into a duplex, the property offers flexibility to either maintain its current layout or convert it back into a single-family home. The upstairs area has been gutted, providing a blank canvas for your vision. Note that no utilities are currently connected, offering a fresh start for all necessary installations. Despite its challenges, this property holds significant potential. The roof has sustained damage, leading to water damage at the rear of the home, and some light structural work is required. However, with the right amount of care and attention, this home can be transformed into a valuable asset. This is a great opportunity for someone ready to breathe new life into a property that needs some love and extensive renovation.