$450,000
$450,000
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5,227 Sqft Lot
SOLD DATE : 09/26/2024
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21967799
Sold Date 09/26/24
Year Built 1965
Tax Year 2022
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Welcome to this incredible investment opportunity! Situated in a prime location, this fully renovated duplex could be a money maker for savvy investors looking to maximize their returns. Just minutes from downtown restaurants and entertainment. This duplex is offering convenience and accessibility to amenities, schools, and transportation options, enhancing its attractiveness to potential tenants. This three-story duplex has modern amenities and spacious layouts, with each side featuring 3 bedrooms and 2.5 bathrooms. Both sides of the duplex come with signed leases, providing stability and consistent cash flow for the investor. The 2417 side is leased until March 2025, while the 2419 side is leased until February 2026, ensuring immediate returns on investment. Owner Occupied Buyers will need to negotiate the release of Tenant Leases. With a total monthly rent income of $3,350, this property offers a substantial revenue stream. Tenants are responsible for all utilities and trash pick-up expenses further maximizing the potential ROI. Recently renovated from the basement up, this duplex exudes modern charm and functionality. With new finishes and new systems throughout. Costly repairs shouldn't be needed if well maintained. This is welcomed by the investor and the Tenant The property comes fully equipped with all new appliances, including two oven/range units, two dishwashers, and two refrigerators. Additionally, each unit features its own washer/dryer, conveniently located in the primary suite on the third floor. In summary, this cash-flowing duplex presents a compelling investment opportunity with its prime location, stable rental income, and renovations. Don't miss out on the chance. Owner Occupied Buyers are welcome. Tenant would need to be vacated per negotiated terms.
Location
State IN
County Marion
Rooms
Basement Daylight/Lookout Windows, Unfinished
Interior
Fireplace N
Exterior
Exterior Feature Not Applicable
Roof Type Asphalt
Building
Story Three Or More
Architectural Style TraditonalAmerican
Structure Type Cement Siding
New Construction false
Schools
School District Indianapolis Public Schools
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