314 N Taylor St Welcome to 314 N Taylor St, South Bend, IN 46601 - a rare and highly flexible property offering incredible potential for investors, business owners, or anyone seeking a centrally located asset with multiple possible uses. Situated in the vibrant downtown district, this 6-bedroom, 2.5-bath home delivers both space and opportunity just minutes from the city's core amenities, government buildings, entertainment, and major thoroughfares. Property Overview This spacious residence stands as an excellent canvas for your vision. Whether you plan to operate it as a traditional rental, short-term lodging, or convert it into professional office space, the layout, location, and condition make it a standout opportunity. Key updates include: New roof installed in 2022 - a major system already taken care of. Partial refurbishment completed in 2024, lowering your renovation lift. Upgraded flooring added in 2025 for a fresh, modern interior feel. One brand-new HVAC system included, currently stored off-site and ready for installation - reducing future mechanical expenses. Inside, the home offers generous room sizes, multiple common areas, and a layout that can easily be adapted for residential or commercial use. Six bedrooms provide an abundance of space for multi-tenant occupancy or private office suites, while the 2.5 bathrooms support functionality for both living and workspace needs. Location Benefits Situated in downtown South Bend, this property enjoys: Close proximity to local businesses, restaurants, parks, and transportation. Easy access to the St. Joseph County Courthouse, government offices, and Notre Dame-adjacent commerce. Ideal visibility and convenience for professional services, non-profits, consulting firms, or creative studios. With its strategic placement, this home can serve as: A high-yield long-term rental A short-term or furnished housing option A mixed-use building with living and working spaces A dedicated office property in a prime location The zoning and floorplan provide flexibility, making this property adaptable for a wide range of uses. Low Carrying Costs Investors will appreciate: Low property taxes Affordable insurance No HOA fees This means fewer overhead expenses and a clearer path to strong cash flow. Why This Property Stands Out Opportunities like this - large square footage, downtown access, meaningful updates, and multi-use adaptability - are increasingly hard to find. With major structural and mechanical improvements already handled or included, 314 N Taylor St is poised to become a profitable addition to your portfolio. The property is being offered with real estate commission available, making it an easy and professional transaction for buyer-side agents as well.