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Listed by Justin Lowe • Ellsbury Commerical Group
$ 325,000
Est. payment | /mo
6,534 Sqft Lot
$ 325,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22077227
Year Built 1921
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
High-performing duplex featuring two units, each with 3 bedrooms and 1 bath. Both units are currently vacant, providing convenient access for showings and a seamless opportunity to bring the three-bedroom, one-bath units to the proposed market rent of $1,600. Excellent opportunity for immediate cash flow or owner-occupancy. Please note that the current rent roll and trailing 12 months are calculated under the assumption that both units are rented. Schedule your tour today to see the potential for yourself! Investment Highlights: Anchored by Billion-Dollar Developments - IU Medical Campus, Circle Centre Mall Redevelopment, The Cultural Trail Low-Maintenance Portfolio addition with new water heaters and furances Strong Proforma Gross Monthly Income Immediate "Day 1 " Value-Add Low Vacancy Rates in the area
Location
State IN
County Marion
Rooms
Basement Interior Entry
Interior
Heating Forced Air
Fireplace N
Exterior
View Y/N true
View Neighborhood
Building
Story Two
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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