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Listed by Chas Schaffernoth • F.C. Tucker Company
$ 950,000
Est. payment | /mo
10,000 SqFt
$ 950,000
Est. payment | /mo
10,000 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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Denise Wilson
REALTOR® | Lic# RB14030234
8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA