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Listed by Joseph Cirillo • Priority One Realty
$ 635,000
Est. payment | /mo
4,983 SqFt
$ 635,000
Est. payment | /mo
4,983 SqFt
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,983 sqft
Price per Sqft $127
MLS Listing ID 22066566
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Multi-Family 5+
Property Description
Beautiful 5 plex. One of the units is a detached structure with 3 bedrooms and 2 full baths in which the tenants pay all utilities. Zoned D8 but restricted to 5 units. Excellent condition with all rents guaranteed by Indy Health. Newer roof, siding, furnace, ac units, electrical, and plumbing. Property sits 1000 feet from Christel Dehaan new development. With 5% vacancy and $3000 allowed for yearly repairs, cap rate is 12%.
Location
State IN
County Marion
Zoning D8
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
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