539 53rd Street, Indianapolis

539 53rd Street, Indianapolis, IN 46220

Purpose unavailable

$675,000

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1924

Year Built

Additional Information

Property SubtypeDuplex
MLS #MBR22122959
Lot Size0.2 Acres

Home Features

HeatingForced Air, Natural Gas
CoolingCentral Air

Providence Property Group, PC

Central Indiana real estate services

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

Description

539 E 53rd , INDIANAPOLIS, IN 46220 TURN-KEY INCOME-PRODUCING DUPLEX | $675,000 | ESTABLISHED RENTAL HISTORY LOCATION! LOCATION! LOCATION! Rare opportunity to acquire a high-end duplex with 26 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 4040 finished square feet on a 8590 sq ft corner lot, with two spacious residential units, surrounded by Million dollar homes .Enjoy a quiet residential setting with convenient access to Broad Ripple and Downtown Indianapolis. The property is walkable to Broad Ripple/Monon Trail and approximately 15 minutes from Downtown Indianapolis,offering easy access to restaurants, shopping, entertainment, parks, major employment centers, and city amenities. The property has been continuously rented for 26 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. Seller Financing is not available. 1 side features 5 bedrooms and 2.5 bathrooms, other side 4 Bedrooms and 2 bathrooms. with hardwood floors throughout and finished basements. Each unit a has wood burning fireplace, with surrounding built in bookcases. Each side has a large screened front porch. Each basement includes a bedroom with an egress window, a full bathroom, bonus room providing valuable additional living space. Both sides of the duplex have fenced in yards. Both sides have central air conditioning. Gas furnace/hot water heater. The property is offered turn-key, including all stainless steel kitchen appliances, 2 sets of washers/dryers Annual Rent: $62,400.00 53rd side is $2500.00/mo ( + $30.00 for pet ) 5268 park side is $2700.00/mo ANNUAL Property Taxes: $6746.00 Annual Insurance: $1582.00. Seller financing is not available

Location

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539 53rd Street, Indianapolis, IN 46220

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Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

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Listing provided courtesy of Lisa Meulbroek at Liberty Real Estate, LLC.

Contact: lmeulbroek@libertyrealestate.biz

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

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