3960 E Bellefontaine Road, Hamilton, IN 46742 | MLS 202406133 | Listing Information | Berkshire Hathaway HomeServices Indiana Realty | Berkshire Hathaway HomeServices Indiana Realty
FOR SALE
$599,900  

3960 E Bellefontaine Road
Hamilton, IN 46742

Multi-Family
Residential
6
Beds
6
Baths
4,636
Sq. Ft.
0.2
Acres Lot
Courtesy: Scott Marker - Anchor Realty
Discover a rare investment opportunity in the heart of Hamilton, Indiana - a 6-unit mixed-use property with 60 feet of lake frontage on Hamilton Lake. Nestled in a thriving lake community, this property presents a variety of potential uses. The current setup includes three 1-bedroom apartments for stable long-term rentals, and a fully furnished 3-bedroom apartment catering to the burgeoning demand for turnkey short-term rentals. Two storefront commercial spaces situated ideally at the main hub of Hamilton's activity offer prime visibility for businesses. Not to mention 4 dock slips that you can rent to others and use for yourself! Convenience is key with a private off-street driveway and a 1-car detached garage for added storage. Currently cash flowing, this property holds the promise of increased returns. Imagine running a multi-unit short-term rental business, leasing out office spaces, and enjoying a dock slip for your boat. Hamilton Lake, an all-sports lake spanning 800 acres, offers fishing, boating, and water recreation. Nearby golf courses and lakefront restaurants accessible by boat add to the appeal. Abundant options make this property a great setup for several use scenarios. Run a multi-unit Short Term Rental business and rent the commercial spaces to local businesses. Live in one unit, use a commercial space for your business, and let the remaining units contribute to covering your investment. Within walking distance to the public beach, adjacent to the popular Howie's on Hamilton restaurant, and part of a golf cart community, this property embodies value in a growing lake town. Seize the opportunity to own a piece of Hamilton's lakeside charm - where imagination knows no bounds, and the potential for this value-add property is as vast as the lake itself.
202406133
Multi-Family, 3+ Story
6
Steuben
6 Full
1885
0.2 Acres
Public
3
Block,Vinyl siding
Public Sewer
4,636 Sq. Ft.
None
School Information
Hamilton Community
Hamilton
Hamilton Middle
Hamilton
Bathrooms
6
Total:6
Interior Features
Square FootageAbove / Below (approx)
3,336 Sq. Ft. Above Ground. 1,300 Sq. Ft. Below Ground.
Cooling
Window Unit(s)
Heating
Gas Heat, Electric Heating. Forced Air, Baseboard.
Basement
Walk-Out Access
Exterior / Lot Features
Parking
Garage Door Opener, Off Street.
Exterior
Vinyl, Block
Patio
Deck, Patio
Roof
Metal
Lot View
Water
Lot Dimensions
60 X 146
Additional Exterior/Lot Features
Level, Waterfront.
Financial Considerations
76-10-33-410-106.000-010
$4,234
Courtesy: Scott Marker - Anchor Realty
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