$465,000
The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, rent estimation websites indicate the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
GPS Friendly
MLS # | 21981810 |
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Date Listed | 2024-06-18 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | Duplex |
New Construction | No |
Style | TraditonalAmerican |
Type | Duplex |
Year Taxes Payable | 2023 |
Year Built | 1917 |
Days on Market | 189 |
Design | TraditonalAmerican |
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Cooling | Central Electric |
Construction | Duplex |
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Lot Size | 4,966 sq ft |
Acreage | 0.11 Acres |
Fence | None |
Area | Marion |
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County | Marion |
Subdivision | No Subdivision |
Township | Center |
City | Indianapolis |
State | IN |
Zip | 46225 |
School District | Indianapolis Public Schools |
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Assoc. Dues | $0.00 |
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MLS# 21981810
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 Dustin Branum
AMR Real Estate LLC
Dustin.Branum@AMR.Group
Listing updated November 6, 2024 at 11:46 am
Last checked 5 minutes ago