$2,950,000
$2,250,000
31.1%For more information regarding the value of a property, please contact us for a free consultation.
8,617 SqFt
SOLD DATE : 06/23/2023
Key Details
Sold Price $2,950,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,617 sqft
Price per Sqft $342
Subdivision Woodruff Place
MLS Listing ID 21908028
Sold Date 06/23/23
Year Built 1900
Tax Year 2021
Lot Size 0.312 Acres
Acres 0.3122
Property Description
Nine unit residential multifamily investment property in popular Woodruff Place being sold together with 725-735 Woodruff Place Middle Dr., BLC#21908038 situated in both an Historic District and an Opportunity Zone, loaded with possibility, strategically located just one mile east of Downtown Indianapolis in a desirable, trendy, residential neighborhood with a park-like setting surrounded by large beautiful homes and mature landscaping. A hard to find investment close to employment and retail centers, (including Bottleworks and Mass Ave.); offering investors upside potential for long term investment growth, close, but not too close to the CBD. Hardwood floors and woodwork showcase the potential of this classic building. See Agent Remarks
Location
State IN
County Marion
Zoning D5
Interior
Cooling Separate Meters
Fireplace N
Exterior
Utilities Available Cable Connected, Electricity Connected, Gas, Water Connected
Building
Story Basement, Two
Architectural Style Other
Structure Type Wood Brick
New Construction false
Schools
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
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