2931 N Capitol AVE N, IN 46208 – 21990135 - Coldwell Banker Stiles ...

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Coldwell Banker Stiles Luxury

info@cbstiles.com +1(317) 883-9461

Listed by Ryan Cheek • Neu Real Estate Group

$410,000

Est. payment - /mo

5,227 Sqft Lot

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UPDATED:

08/07/2024 08:22 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision Joseph H Clarks N Capitol

MLS Listing ID 21990135

Year Built 2024

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Description

I am pleased to present to market a build-to-rent duplex in Indianapolis, IN. This duplex consists of a multi-level matching three-bedroom two-bathroom floor plan. Price point for these new construction duplexes ranges from $400K-$450K, depending on the lot location and market rent (rent target $1,800-$2,000). We cover all up-front costs including the land, labor, materials, and at the closing table you are delivered a rent-ready duplex. That said, we are seeking 25% down (roughly $100K) to get the ball rolling and target a contract-to-close timeframe of approximately 120 days. All said, we have sold year-to-date 22 Build-to-Rent duplexes and are continuing to close lots for future development. I look forward to connecting and discussing this opportunity with you further. The builderis a merchant builder throughout the downtown and greater Indianapolis region specializing in build-to-rent multifamily in infill lots throughout the city for new and seasoned investors. To learn more

Location

State IN

County Marion

Zoning D5

Interior

Fireplace N

Building

New Construction true

Schools

School District Indianapolis Public Schools

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Coldwell Banker Stiles Luxury

+1(317) 883-9461

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