$129,000
$129,900
0.7%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 08/30/2024
Key Details
Sold Price $129,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Forest Park
MLS Listing ID 21988995
Sold Date 08/30/24
Year Built 1928
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Welcome to this charming duplex located in the heart of an up-and-coming neighborhood. This property presents a unique opportunity for investors, renovators, or first-time homebuyers to put their stamp on a piece of the neighborhood. The duplex features two separate units, each with its own unique charm and potential. The main unit boasts 2 bedrooms and 1 bathroom, with a spacious living room and kitchen area. The second unit also has 2 bedrooms and 1 bathroom, making it perfect for a small family or roommate situation. As you step inside, you'll notice the potential is limitless. The property, being sold in As-Is condition, needs some TLC to bring it back to its former glory, but with some elbow grease and creativity, the possibilities are endless. Imagine the transformation you can make with a fresh coat of paint, new flooring, and updated fixtures! The tenants are currently on month-to-month leases, paying below market value, providing a steady stream of income while you work on your vision. With a little bit of sweat equity, you can increase the rent and reap the rewards. This neighborhood is on the cusp of a revitalization effort, with new businesses, restaurants, and shops popping up. Whether you are a seasoned investor looking to add to your portfolio or a savvy homeowner that wants to rent out a unit while you live in the other, this is the opportunity for you.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Exterior Feature Not Applicable
Garage Spaces 2.0
Waterfront false
View Y/N false
Roof Type Asphalt
Building
Story One
Foundation Block
Architectural Style Bungalow
Structure Type Vinyl Siding,Wood
New Construction false
Schools
Elementary Schools William Mckinley School 39
Middle Schools Arlington Community Middle School
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
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