$400,000
$415,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
0.54 Acres Lot
SOLD DATE : 02/02/2024
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Devington Acres
MLS Listing ID 21948710
Sold Date 02/02/24
Year Built 1960
Tax Year 2021
Lot Size 0.540 Acres
Acres 0.54
Property Description
Welcome to this fantastic investment opportunity! With steady rental income and a prime location, this 4-unit multifamily is a wise choice for both seasoned investors or those just starting their journey. It has been very well maintained, freshly painted and all units are spacious 2 bedrooms/1 bathroom in excellent condition. Recent updates include vinyl flooring, updated kitchens and bathrooms and maintained mechanicals. Newer roof. Covered parking in the back for 4 spaces, ample street parking, and close to bus lines, local attractions and conveniences. With 3 of the 4 units rented, this is a perfect property to "house hack"; live in one unit and rent the others. Opportunity to increase monthly cash flow with current rents under comparable rates. Whether you're looking for passive income or long-term appreciation, this 4-unit property offers both. Don't miss your chance to add this income-generating property to your portfolio!
Location
State IN
County Marion
Zoning Commercial
Interior
Heating Dual
Cooling Central Electric
Fireplace N
Exterior
Roof Type Asphalt
Parking Type Carport
Building
Story Two
Foundation Slab
Architectural Style TraditonalAmerican
New Construction false
Schools
School District Indianapolis Public Schools
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