$400,000
$425,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
8,023 Sqft Lot
SOLD DATE : 09/03/2019
Key Details
Sold Price $400,000
Property Type Other Types
Sub Type 1-4 Units Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Talbotts
MLS Listing ID 21657852
Sold Date 09/03/19
Year Built 1900
Tax Year 2016
Lot Size 8,023 Sqft
Acres 0.1842
Property Description
Welcome to the crown jewel of any Indianapolis rental portfolio! This 4-plex on the old north-side brings in 3,700/month as-is. With smart updates, however, this building has the potential to produce 4,500-5,000/month! With a three-car garage and parking pad, walkability to downtown and Mass Ave, central air throughout (minus smaller 2nd floor unit), and tons of historic charm...your tenants will never want to leave! The first floor is dedicated to a 2,500+ sq ft, absolutely breathtaking owner's suite. Inexpensive cosmetic updates will bring the other units up to top-rent producing condition, and then you just sit back and cash flow!
Location
State IN
County Marion
Zoning multi family
Interior
Fireplace N
Laundry Connections Some
Exterior
Exterior Feature Fence Full Rear, Water Feature Fountain
Garage Spaces 1.0
Building
Lot Description Access Alley, Sidewalks, Street Lights, Not In Subdivision, Tree Mature
Story Three Or More, Basement
Foundation Brick
Architectural Style Colonial, TraditonalAmerican
Structure Type Wood
New Construction false
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