This duplex sits just minutes from downtown and offers two spacious units, each with 3 bedrooms, 1½ baths, a formal dining room, fireplace, tall ceilings, large rooms, fenced backyard space, and its own laundry hookup downstairs. One unit has a long-term tenant already in place, providing income from day one. The second unit is expected to be vacant by the end of the month, giving the next owner the flexibility to renovate, re-lease, or occupy it depending on the plan. A couple of the bigger-ticket items have already been handled, including a new roof this year and a new sewer line from the house to the road. For an investor looking for a property with an existing tenant, a vacant unit to reposition, and plenty of square footage to work with, this one gives you options.
New Castle is located in Indiana. New Castle, Indiana has a population of 17,465. New Castle is less family-centric than the surrounding county with 25.71% of the households containing married families with children. The county average for households married with children is 28.42%.
The median household income in New Castle, Indiana is $46,112. The median household income for the surrounding county is $54,154 compared to the national median of $69,021. The median age of people living in New Castle is 40.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 43.5 inches per year, with 24.5 inches of snow per year.
