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3952 E Bellefontaine Road
HamiltonIN 46742

$624,900
for sale
Tools
Brochure
Size
6
Bedrooms
6
Full Baths
4,636 Sq Ft.
interior
0.2 Acres
Exterior
Financial
$624,900
Change Currency
$135
Price Per Sqft
Listing Details
Multi Family
Property type
Hamilton
Schools
Hamilton
Elementary
Hamilton Middle
Middle
Hamilton
High
10645422
Web Id
202406133
MLS ID
204
Days Posted

Description

3952 E Bellefontaine Road,

Hamilton, IN 46742

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.

This is an Active listing.

Broker Office Phone Number: 260-402-0744

Copyright © 2024Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Deck
  • Patio
  • Dryer Included
  • Waterfront
  • Metal Roof
  • Garage
  • Off Street Available

Price History

datepricevariancetype
2/26/2024$624,900-Listed
Listing By: Anchor Realty via Data Source: Northeastern Indiana Association of Realtors 
listing agent: Scott Marker


Located at 3952 E Bellefontaine Road, Hamilton, Indiana 46742, this Multi Family is for Sale with a price of $624,900 USD. The property includes 6 bedrooms, has 6 full baths. This listing has 4,636 Sq.Ft. of interior space on a lot of .2 Acres. See all Homes for Sale in Hamilton.
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