1 of 23
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Size
0.13 Acres
Exterior
Financial
$155,000
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Listing Details
Duplex Homes
Property type
1921
Year Built
11214451
Web Id
21972109
MLS ID
11
Days Posted
Description
2502 Columbia Avenue, Indianapolis, IN 46205
Welcome to your premier turnkey investment opportunity nestled in the vibrant Martindale-Brightwood neighborhood of Indianapolis! This ranch-style duplex is a gem awaiting your savvy touch. Strategically positioned adjacent to the ever-popular Monon Trail, convenience and growth are at your doorstep. This central location boasts a flurry of development activity, ensuring sustained value appreciation. Just a brief 10-minute drive from downtown, accessibility is unmatched. The allure of the Monon Trail and the adjacent Monon 30 development adds a unique charm, promising an active and dynamic lifestyle for tenants. Each unit mirrors the other, boasting 2 bedrooms and 1 bathroom each, spanning a cozy 574 square feet, these units are designed for optimal functionality and comfort. One unit stands vacant, recently turned over and prepped for immediate occupancy, while the other is currently leased at $1000 per month under Section 8, on a month-to-month basis. Utilities are separately metered. Professionally managed by PMI Midwest, peace of mind comes standard with this investment. With a potential gross income of $2000, this property significantly surpasses the coveted 1% rule, ensuring robust returns on your investment. For the astute house hacker, the vacant unit presents an enticing opportunity to offset a substantial portion of the mortgage with rental income from the occupied side, maximizing your investment potential. Seize this opportunity to capitalize on the thriving Indianapolis real estate market and schedule your viewing today!
This is an Pending listing.
Broker Office Phone Number: 317-846-6300
Copyright © 2024MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 317-846-6300
Copyright © 2024MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Asphalt Shingle Roof
Price History
date | Price | variance | type |
---|---|---|---|
4/24/2024 | $155,000 | - | Contract |
4/23/2024 | $155,000 | - | Listed |
Listing By: Keller Williams Indpls Metro N via Data Source: MIBOR Service Corporation
listing agent: Peter Stewart