$200,000
408 N Oakland Avenue
Cash Flow on a Turn Key property!! Discover an exceptional turnkey investment opportunity with this meticulously maintained property. Freshly painted and fully occupied, it currently generates a steady gross rent of $2,600 per month!! The roof, at eight years old, offers enduring reliability, while the HVAC and water heater were recently replaced in 2022 for modern efficiency. A notable feature is the free-standing garage facing Parker Ave, providing the potential for additional income. This property is a practical addition to any real estate portfolio, offering stability and immediate returns. Keep in mind that the property is sold subject to tenant rights, ensuring a smooth transition for both parties. Don't miss out on this solid investment opportunity that combines functionality and financial prudence.
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Map to 408 N Oakland Avenue, Indianapolis, IN 46201
MLS #
21956498
Date Listed
2023-12-19
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Duplex
New Construction
No
Style
Contemporary
Type
Duplex
Basement
Daylight/Lookout Windows, Unfinished
Year Taxes Payable
2023
Year Built
1918
Days on Market
335
Additional
Design
Contemporary
Cooling
Central Electric
Heating
Forced Air
External Features
Construction
Duplex
Lot Size
4,704 sq ft
Acreage
0.11 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
Wabnitz Resub
Township
Center NE
City
Indianapolis
State
IN
Zip
46201
Schools
School District
Indianapolis Public Schools
Elementary
IPS/Butler Lab at William Bell 60
Financial
Assoc. Dues
$0.00
| MLS # | 21956498 |
|---|---|
| Date Listed | 2023-12-19 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Contemporary |
| Type | Duplex |
| Basement | Daylight/Lookout Windows, Unfinished |
| Year Taxes Payable | 2023 |
| Year Built | 1918 |
| Days on Market | 335 |
| Design | Contemporary |
|---|---|
| Cooling | Central Electric |
| Heating | Forced Air |
| Construction | Duplex |
|---|---|
| Lot Size | 4,704 sq ft |
| Acreage | 0.11 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Wabnitz Resub |
| Township | Center NE |
| City | Indianapolis |
| State | IN |
| Zip | 46201 |
| School District | Indianapolis Public Schools |
|---|---|
| Elementary | IPS/Butler Lab at William Bell 60 |
| Assoc. Dues | $0.00 |
|---|
MLS# 21956498
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Denis O'Brien
Keller Williams Indy Metro S
denisobrien.kw@gmail.com
Listing updated February 20, 2024 at 8:31 am
Last checked 5 minutes ago
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