Commercial For Sale: USA Indiana Indianapolis 3178 N Capitol Avenue
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$399,999 USD

3178 N Capitol Avenue
Indianapolis, Indiana 46208
USA
Commercial for Sale, Multi-Family Home
Land size: 0.049 ha :: 0.12 acres
Sale price per sqm: 0
CENTURY 21 Scheetz
256 E. Carmel Drive
Carmel, Indiana 46033, United States
Phone: 3178445111

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Remarks:

CHARMING QUINTUPLE MULTI-UNIT PROPERTY! A PRIME INVESTMENT PROPERTY! Take a look at this well-maintained 5 unit-property, a fantastic opportunity for both investors and homeowners looking to generate rental income. Each of the five units offers spacious living with a comfortable living room, bedroom, and kitchen, along with separate entries for added convenience, safety and privacy. The property features several key updates, including new roof, windows, doors, electrical/plumbing, water heater and electric baseboard heating system all completed in 2022. Freshly painted interior creates a bright and inviting atmosphere- perfect for the renter's ambiance! With its attractive curb appeal, this property is sure to catch the eye of both tenants and visitors, Ideal for those looking to invest in a high demand rental property or offset living expenses. With each unit currently leased at $1000 per month (effective 1/4/25), the property promises a steady stream of income with a great CAP rate (10.95%)!With its prime location, low-maintenance and excellent rental income, this property is a rare find in Indianapolis. Don't miss out on this great opportunity.

Features:

  • Year Built: 1925
  • Exterior Description: Aluminum Siding
  • Heating System: Forced Air
  • Basement and Foundation: Unfinished
  • Roofing: Composition/shingle, Shingle-Asphalt
  • Garage Spaces: 1

Location:

3178 N Capitol Avenue, Indianapolis, Indiana 46208, USA
Listed By CENTURY 21 Scheetz

The Commercial for Sale, Multi-Family Home located at 3178 N Capitol Avenue, Indianapolis, Indiana 46208, USA is currently for sale. 3178 N Capitol Avenue, Indianapolis, Indiana 46208, USA is listed for $399,999 USD. If the property located at 3178 N Capitol Avenue, Indianapolis, Indiana 46208, USA isn't what you're looking for, search Indiana Real Estate to see other Commercial For Sale in Indianapolis.

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