1017 W 1st St, Madison, IN 47250

Discover the charm and potential of this historic two-story brick home, perfectly situated on a corner lot in the heart of downtown Madison. Once a three-unit rental property, the current seller has already begun transforming the interior into a two-apartment layout with an efficiency or office space. Alternatively, it can be easily converted into a single-family residence. This home boasts recent updates, including fresh exterior paint, all-new windows (excluding the sunroom), new shingles installed in 2021, and two inverted heat pumps added in 2024. The property comes equipped with brand-new appliances, including two refrigerators, two stoves, two microwaves, and a washer and dryer. Hardwood floors run throughout the home, adding timeless elegance. All building materials are included with the property, making it ready for your finishing touches. Located near the Riverwalk and Main street, this home offers convenient access to all the vibrant amenities of downtown Madison. Don't miss this unique opportunity!