Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.
Active
Price cut: $15K (9/5)
$450,000
1602 E Vermont St, Indianapolis, IN 46201
6beds
4baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Solid brick exteriorCentral airEfficiency unit
- 103 days |
- 681 |
- 37 |
- Loading
- Loading