Description
Great opportunity to add a cash-flowing asset to your investment portfolio in Greencastle, Indiana! This 3-bedroom, 1-bath home offers 954 square feet of living space and sits on a manageable .13-acre lot, making it an ideal low-maintenance rental property. The property features a covered front porch, a gravel driveway for off-street parking, and an attached storage area for added convenience. Mature trees provide ample shade for outdoor enjoyment. The compact lot size helps keep upkeep costs low while still offering outdoor space. This property presents a solid opportunity for both seasoned investors and those looking to enter the rental market. Whether you’re expanding your portfolio or looking for a manageable first investment, this Greencastle property offers a practical and affordable option. The home is currently tenant occupied with a month-to-month tenant in place, providing immediate income with flexibility for a new owner’s future plans. Continue renting as-is for steady income, or explore value-add potential through updates and improvements over time.
Address
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Address: 205 W Jacob Street
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City: Greencastle
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State/county: IN
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Zip/Postal Code: 46135
Details
Updated on February 4, 2026 at 10:12 pm-
Property ID 22080521
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Price $62,000
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Property Size 954 Sqft
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Land Area 0.13 Acres
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Bedrooms 3
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Rooms 6
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Bathroom 1
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Garage Size x x
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Year Built 1900
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Property Type Single Family Residence, Residential
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Property Status Closed
Additional details
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Utilities Natural Gas Connected
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Cooling Window Unit(s)
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Heating Natural Gas
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County Putnam
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Property Type Residential
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Parking Gravel
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Middle School Greencastle Middle School
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High School Greencastle Senior High School
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Architectural Style Bungalow
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees