1510 E Locust St, Petersburg, IN 47567

Exceptional opportunity awaits in Petersburg! This property offers a projected high After Repair Value (ARV) , making it an outstanding prospect for a savvy investor's next fix-and-flip or a homeowner ready to create their personalized dream residence. A rare find, this home includes two adjacent parcels, expanding the total lot size to a generous 7,000 sqft - providing ample space for expansion, significant outdoor living, or future development. The price point offers tremendous value. Key updates already in place include newer windows, a recently installed hot water tank, and a furnace that is approximately 5 years old, reducing initial capital outlay. This 1920-built home currently requires a new roof, comprehensive cosmetic updates throughout, and new plumbing. Don't miss this unique chance to capitalize on a property with substantial potential for equity growth in a desirable location.