1315 Union Street, Indianapolis, IN 46225

$465,000
List Price
$465,000
MLS#
21981810
Days on Market
29
Status
ACTIVE

Property Description

The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, according to rentometer.com the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!

Additional Information

Stories
Two
Architecture
TraditonalAmerican
Acres
0.11
Cooling
Central Electric
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®