2407 N Capitol Avenue
Indianapolis, IN 46208
0.12 acres | #22037091
Description
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Property Details
- School DistrictIndianapolis Public Schools
- Lot DescriptionAccess, Busline, Sidewalks
- SubdivisionJ W Becks Sub Rhodes
- Property TypeMulti-Family
- Structure TypeQuadruplex
- Original List Price$750,000
- MLS #22037091
- Property SubtypeFourplex
- MLS #22037091
- CountyMarion
- Cost750000
- FoundationBlock
- Acres0.12
- Year Built1914
- Parking Spaces3
Location
Legal
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Last Updated:Â . Source: MIBOR
Listing Courtesy
Listing Agent: Cory Gardner (#MBR38619)
Listing Office: Gardner Property Group (#MBRGPGR01)
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