5724 Julian Avenue, Indianapolis

5724 Julian Avenue, Indianapolis

5724 Julian Avenue, Indianapolis, IN 46219

$2,900,000

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1948

Year Built

Additional Information

Property SubtypeMulti-Family 5+
MLS #MBR22105936
Lot Size0.27 Acres

Home Features

HeatingBaseboard
CoolingSeparate Meters, Window Unit(s)
Garage Spaces4
ParkingAssigned, Asphalt

Description

Unbeatable investment opportunity to own this 6-plex as a package with other Indy properties operating as 4.8-star and above airbnb and get their ratings. These mid-term furnished rentals (15 units in total)- 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses),1529 Kennington (2br/1ba SFH) and 5724 Julian each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms. Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. All properties currently operate as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, these property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.

Location

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5724 Julian Avenue, Indianapolis, IN 46219

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

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Listing provided courtesy of Lisa Phillips at Compass Indiana, LLC

Contact: lisa.phillips@compass.com

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

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