$125,000
$119,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
4,791 Sqft Lot
SOLD DATE : 09/16/2024
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bruce Zeager
MLS Listing ID 21996513
Sold Date 09/16/24
Year Built 1945
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
INVESTOR ALERT! Welcome to your next turnkey investment opportunity in Indianapolis - a lovely remodeled ranch duplex in the popular Christian Park neighborhood! Located in the heart of Indy's near Eastside, this duplex is strategically situated for convenience and growth. It's an excellent location with tons of development happening in the area and less than a 10-minute drive into downtown. The property has undergone cosmetic renovations on both sides over the past two years (flooring, cabinets, paint, etc). Both units are identical, each featuring 2 bedrooms/1 bathroom, 528sq ft. Both are currently occupied, ensuring immediate income for the savvy investor. Rents are $710 and $870 per month ($1580 gross). Unit 4601's lease runs through August 2025, and 4603's is up in May 2025. Tenants pay for electricity, and the owner pays for water/sewer/trash. Fantastic location within walking distance to the park and school, and within minutes of shopping, dining, transportation, downtown Indy, and more! Due to the central location, this property offers a desirable lifestyle for tenants, ensuring strong demand and occupancy rates. Don't miss out on this prime opportunity to secure steady returns in a flourishing area!
Location
State IN
County Marion
Interior
Heating Baseboard
Cooling None
Fireplace N
Exterior
Waterfront false
View Y/N false
Roof Type Asphalt
Building
Story One
Architectural Style TraditonalAmerican
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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