HOT MERIDIAN INDIANAPOLIS, IN 46225

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Two lots. 2175 S Meridian is vacant lot on northeast corner of Meridian and Raymond St. 2165 S Meridian is home on lot to north. Both lots are similar in size approximately 32X117 & 32X117. Tenant occupied. Fix me up inside and out. Approximately 1800 sq ft 1 1/2Story 1000 sq main 800sq up total sq ft approximately 1800. Zone Commercial C3. Credit Union will probably finance maybe seller with large downpayment. Just pay cash because financing through bank will be difficult due to condition and commercial zoning. Seller will consider financing with 50% down. No FHA no VA. Not all lenders will finance. Used as residential last several years. Ten-foot ceilings main level. Good floorplan. Many windows light and cheery. Upstairs open bedrooms dormitory style has slopped ceilings limited headroom due to roof slope. Four distinct areas upstairs laid out like a religious cross with windows at all 4 ends of the cross. Neat room for kids or teenagers. Will require supplemental heat and air up. Some updated electrical and windows. Good bones. Buyer will need deep pockets for improvements inside and out.

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