5345 Washington Street, Indianapolis, IN 46219

$950,000
List Price
$950,000
MLS#
21568105
Lot Size
27,442
Listing Area
RITTERS ADD TO IRV 160 FT
Days on Market
30
Status
ACTIVE

Property Description

Exciting value add 41 Unit apartment building in the heart of Irvington has 27 units completed and rented out. 14 units remain to be completed. The remaining units vary in how much it will cost to complete but current owner has taken care of the big ticket items. A brand new roof was just put on in the past year and many electrical and plumbing issues have been resolved. All units on main and 2 upper levels are studio apartments as reflected in the photos. The lower level has 5 large 1 bedroom apartments which will need to be rehabbed.

Additional Information

Expenses
55372
Tenant Pays
Electric
Owner Pays
Gas, Insurance Structure, Property Taxes, Sewer, Trash Pick Up, Water
Architecture
ApartBldg, TradAmer
Exterior
Brick
Lot Information
Busline, Corner
Lot Size
27,442
Acres
0.63
Financing
Conventional
Region
Warren
Neighborhood
RITTERS ADD TO IRV 160 FT
School District
Indianapolis Public Schools

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of No Limit Real Estate, Llc.

Information Deemed Reliable But Not Guaranteed. © 2018 Metropolitan Indianapolis Board of REALTORS®