3544 Carrollton AVE Active

Indianapolis,IN 46205

$ 950000

- Bed

- Bath

10000 SqFt


Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $95

MLS Listing ID 22048671

Year Built 1917

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Multi-Family 5+

Property Description

Great multi-family opportunity property for investor. 10-unit apartment building for sale in Watson Park neighborhood! The building features 6 units that are 3 bedrooms and 4 units that are 2 bedrooms. Lot's of upside revenue potential with the 3 BR's able to secure $2,100/month and the 2 BR's to get $1,500/month. This neighborhood is experiencing rapid development. This building should be able to generate a total of $18,600 a month in revenue! Currently zoned as a D-5 and will require a zoning variance to make it operational.

Location

State IN

County Marion

Zoning d5

Interior

Fireplace N

Exterior

Utilities Available Water Connected

View Y/N false

Building

Story Two

Architectural Style Other

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

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