1451 N Delaware Street, Indianapolis, IN 46202

$825,000
List Price
$825,000
MLS#
21981802
Days on Market
29
Status
ACTIVE

Property Description

Attention savvy investors, this is the one you have been waiting for! With tasteful updates, unparalleled location, and all the historic charm the old-northside has to offer...meet 1451 N Delaware! This is an incredibly unique property with so much potential! Currently, all 4 units bring in around $4,350/month. This is due to rents not being raised in a long while to accommodate long-term tenants. According to calculations on rentometer.com, units these sizes in this location will bring in closer to $7000/month *not guaranteed*. That's not even mentioning the unique bonus-rooms in two of the units that can easily be converted into other bedrooms! This gorgeous property is being sold with 15 other properties in a once-in-a-lifetime package deal! The other blc numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. However, the seller is willing to accept $3,000,000 for the whole portfolio!

Additional Information

Basement
Unfinished
Stories
Two
Exterior Amenities
Water Feature Fountain
Acres
0.14
Region
Center

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of AMR Real Estate LLC.

Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®