3030 E 10th ST Active

Indianapolis,IN 46201

$ 550000

- Bed

- Bath

4768 SqFt


Key Details

Property Type Other Types

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,768 sqft

Price per Sqft $115

MLS Listing ID 21995747

Year Built 1925

Tax Year 2023

Lot Size 2,613 Sqft

Acres 0.06

Property Description

6-Unit turnkey investment property! Four of the units are 2 bed/1 bath and two units are 1 bed/1 bath. All electric (no gas) with 6 separate electric meters. Owner pays for water only- Average $242 over the last 7 months. Property was gut-renovated in 2022 by previous owner with ~300k in capital expenditures (new rubberized flat roof, new PVC plumbing, new electrical, 6 new water heaters. New windows were installed in 2021.) All kitchen appliances and newer window air units are also included. Shared coin laundry units in basement are included and bring in average $98/month in income. On-street parking. Current leases: $900/month, $1,300 deposit, expires 2/28/2025. $900/month, $900 deposit, expires 10/31/2024. $900/month, $1,300 deposit, expires 12/31/2024. $750/month, $700 deposit, expires 8/31/2024. Current leases and rent roll attached in supplements. Room to increase rents year over year. Two units are currently vacant and available to show. Photos courtesy of management company, current as of 8/14/2024. Water heaters/panels/etc are in unfinished basement area. Coin operated washer/dryers are in basement common area. Owner pays $40 every two weeks for lawn care.

Location

State IN

County Marion

Zoning ZO01

Interior

Fireplace N

Exterior

Utilities Available Sep Electric Meter,Water Connected

Roof Type Rubber

Building

Story Multi/Split

Architectural Style Multi-Level

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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