$292,000
$300,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 01/15/2019
Key Details
Sold Price $292,000
Property Type Other Types
Sub Type 1-4 Units Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Arsenal Park
MLS Listing ID 21601206
Sold Date 01/15/19
Year Built 1900
Tax Year 2017
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Incredible opportunity to own this updated duplex a block from Highland Park! This property was entirely updated in 2008. Each unit has new floors, kitchen, baths, plumbing, sewer line, HVAC units....you name it! The property as of right now leases for $2,500 but it should be getting a lot more. Both sides are occupied by students and they are only using 3 of the 4 bedrooms. Tenants have been living there a couple of years and landlord just hasn't increased the rents. With the 4th bedroom included as well in the lease payments the return would be a lot more! Each side of the duplex is actually a different parcel so the new owner could decide to buy and then flip them into town homes.
Location
State IN
County Marion
Interior
Fireplace N
Laundry Connections All
Exterior
Garage Spaces 1.0
Building
Lot Description Access Alley, Sidewalks
Story Two
Foundation Block
Structure Type Wood
New Construction false
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