$230,000
$250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 08/08/2024
Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hogate & Kings Rural St
MLS Listing ID 21984000
Sold Date 08/08/24
Year Built 1920
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Discover this well-maintained duplex on the east side, featuring solid long-term tenants and a fantastic investment opportunity. This property offers stability and a steady income stream, making it a perfect addition to any investment portfolio. Unit 1: Rented at $998/month Unit 2: Rented at $765/month (under market value, offering potential for rent increase). Tenants pay all utilities, ensuring low operational costs for the owner. Long-Term Tenants! Enjoy the peace of mind that comes with reliable, long-term tenants who care for the property. Nicely Kept Duplex:The property is well-maintained, reflecting the pride of both the owner and tenants. The interiors are clean and in good condition, minimizing the need for immediate repairs or renovations. This duplex is not just a property; it's a smart investment. The tenants pay all utilities, making it a hassle-free investment for the new owner. Potential for Growth:With one unit rented below market value, there is an opportunity to increase the rent and maximize your return on investment. Don't miss out on this fantastic opportunity to own a well-kept duplex with solid, long-term tenants.
Location
State IN
County Marion
Interior
Cooling Central Electric
Fireplace N
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
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