$156,000
$165,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 10/10/2024
Key Details
Sold Price $156,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision A L Roaches
MLS Listing ID 21967118
Sold Date 10/10/24
Year Built 1910
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring a 2-bedroom unit on one side and a 3-bedroom unit on the other, both currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, and furnace, allowing you to focus on maximizing your investment. With leases extending through February 2025 for unit 837 and October 2024 for unit 839, stability is already built-in. Property includes 2 lots, lot #9 and #10. Home sits on lot #10 and lot #9 is vacant and could be utilized for a future sale or potential residential development. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 1062/1064 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Separate Meters
Fireplace N
Exterior
Roof Type See Remarks
Building
Story Two
Foundation Block, Crawl Space
Architectural Style TraditonalAmerican
Structure Type Stone,Vinyl Siding
New Construction false
Schools
Middle Schools Northwest Community Middle School
School District Indianapolis Public Schools
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