$510,000
$499,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
6,438 Sqft Lot
SOLD DATE : 06/03/2021
Key Details
Sold Price $510,000
Property Type Other Types
Sub Type 5+Units Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Morris & Mills
MLS Listing ID 21775576
Sold Date 06/03/21
Year Built 1900
Tax Year 2019
Lot Size 6,438 Sqft
Acres 0.1478
Property Description
Great income-producing 7-unit property in the heart of Fountain Square w/add'l LOT INCLUDED! NEW roof & decking, March 2021. Property is in excellent shape! Units have a mix of hardwoods, laminate & carpet. Ceramic tile in baths & kitchen. Exterior has been painted, several common doors replaced, new entry lights/LED flood lights, & grounds/parking lot restored from winter wear. Romex wiring, copper & PEX plumbing. Basement has new closed-cell foam & 10-mil vapor barrier. Room on electrical panel to add laundry & add'l income! Several long-standing tenants in place, but option to raise rent w/this location. Lot to the south (1027 State) incl in sale & could be another investment opt! Call list agent for more lease/unit info available!
Location
State IN
County Marion
Interior
Fireplace N
Laundry NoLaundry
Building
Lot Description Access Street, Sidewalks, Street Lights
Story Two
Foundation Block
Architectural Style TraditonalAmerican
Structure Type Brick,Vinyl Siding
New Construction false
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