403 N Melville Street, Rensselaer, IN 47978 - Jasper County

Discover an exceptional opportunity to own this modular structure (currently being used as an office but with a little elbow grease could easily be turned into a spacious home!) located in the heart of Rensselaer, Indiana right across from Columbia Park. This ranch-style property is currently zoned industrial, but should be eligible for residential rezoning by the city of Rensselaer. (See agent remarks for more details.)The interior of the building features just over 2000 sf of space (currently split into 8 offices which could be potentially be converted to bedrooms) as well as a reception area perfect for conversion to a living room; a kitchenette, 3/4 bath and 1/2 bath. Building will need a little work to convert to a residence, and WILL REQUIRE REZONING THROUGH THE CITY prior to appraisal and closing, but has tons of potential. Seller will add closets to offices to qualify the rooms as bedrooms for loan purposes.

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