$599,500
Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.
GPS Friendly
MLS # | 22003175 |
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Date Listed | 2024-09-23 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | Fourplex |
New Construction | No |
Style | Bungalow |
Type | Fourplex |
Basement | Unfinished |
Year Taxes Payable | 2023 |
Year Built | 1910 |
Days on Market | 92 |
Zoning | multi |
Design | Bungalow |
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Cooling | Central Electric |
Heating | Forced Air, Gas |
Construction | Fourplex |
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Lot Size | 6,100 sq ft |
Acreage | 0.14 Acres |
Fence | None |
Area | Marion |
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County | Marion |
Subdivision | Hartmans |
Township | Center |
City | Indianapolis |
State | IN |
Zip | 46201 |
School District | Indianapolis Public Schools |
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Assoc. Dues | $0.00 |
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MLS# 22003175
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 Kimberly Yarrell
Triple E Realty, LLC
Kim@tripleerealty.com
Listing updated December 18, 2024 at 8:15 am
Last checked 10 minutes ago