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Listed by Kimberly Yarrell • Triple E Realty, LLC
$675,900
Est. payment /mo
6,098 Sqft Lot
UPDATED:
09/27/2024 10:29 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Hartmans
MLS Listing ID 22003175
Year Built 1910
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.
Location
State IN
County Marion
Zoning multi
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Electric
Fireplace N
Exterior
Roof Type Fiberglass
Building
Story Two
Foundation Block
Architectural Style Bungalow
New Construction false
Schools
School District Indianapolis Public Schools
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