3614 Washington Street, Indianapolis
3614 Washington Street, Indianapolis, IN 46201
Purpose unavailable
$290,000
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1925
Year Built
Additional Information
Home Features
Providence Property Group, PC
Central Indiana real estate services
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without accepted offer. Do not disturb tenants.
Location
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3614 Washington Street, Indianapolis, IN 46201
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Listing provided courtesy of Tasheana Hanza at Hanza Realty, LLC
Contact: tasheana@hanzarealty.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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