$148,000
$158,900
6.9%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 09/09/2024
Key Details
Sold Price $148,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Shannon Park
MLS Listing ID 21990008
Sold Date 09/09/24
Year Built 1924
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Great investment opportunity! Large duplex with 960 sq ft on each side plus basement storage! Move into one side and rent the other, or rent both units for maximum income potential. Complete roof and decking replacement in 2023. All appliances replaced on both sides within last year. Unit 736 had total bathroom remodel with tiled bath surround, new plumbing fixtures and flooring. Kitchen updated in Unit 736 in 2023. Unit 734 has new window AC and dehumidifier. Unit 734 was freshly painted with new blinds and is prepped to rent NOW! Upstairs bedroom is large enough to split into two areas and has large walk-in closets. Basement has laundry connections and plenty of storage space. Off-street parking in rear of home. Gross Income for both sides should be at a minimum of $1550/month ($775/unit), but could be as high as $1900/month ($950/unit) for area and unit size. Unit 736 has tenant's right and lease through 12/31/2024 for $650/month. Tenant pays for all utilities. Short drive to Bottleworks, Mass Ave and downtown. Don't miss out on your chance to own this lucrative rental property!
Location
State IN
County Marion
Rooms
Basement Daylight/Lookout Windows, Partial, Storage Space, Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Asphalt
Parking Type Alley Access, Gravel
Building
Story One and One Half
Foundation Block, Partial
New Construction false
Schools
School District Indianapolis Public Schools
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