1602 Vermont Street, Indianapolis
1602 Vermont Street, Indianapolis, IN 46201
Purpose unavailable
$425,000
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1910
Year Built
Additional Information
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
Expand your investment portfolio with this well-maintained, brick-exterior fourplex! The property includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one efficiency unit. The larger 2-bedroom unit offers 1,225 square feet, its own washer and dryer, and central air. The second 2-bedroom unit offers 827 square feet, while the 1-bedroom unit offers 884 square feet. Shared basement laundry serves these two units and the efficiency unit. Improvements include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023. Gross scheduled annual charges total $41,340. Ownership has historically prioritized tenant retention and minimal vacancy over maximizing rents, offering an opportunity to evaluate future rental growth. See attachments for lease details, utilities and additional improvements. Buyers should independently verify market rents and future rental potential. Please do not disturb tenants.
Location
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1602 Vermont Street, Indianapolis, IN 46201
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Listing provided courtesy of Michael Miller at F.C. Tucker Company
Contact: mike.miller@talktotucker.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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