$465,000
For Sale

1315 Union Street

Indianapolis, IN 46225
Listing OfficeAMR Real Estate LLC
Browse 15 photos
Type:Purchase
Structure:2 Family
Zone:Residential

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 around $2,700/month. However, rent estimation websites indicates that rent for a home this size in the area could be around $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 listed as part of a 13 property portfolio. Please email dustin.branum@amr.group for a full financial summary of the package, more details and pricing!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • Property ConditionUpdated/Remodeled
      • SubdivisionNo Subdivision
      • Property TypePurchase
      • Original List Price$465,000
      • MLS #21981810
      • MLS #21981810
      • CountyMarion
      • Cost465000
      • Property SubtypeDuplex
      • Acres0.11
      • Year Built1917
      • Parking Spaces2

Location

Hilary CasstevensReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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