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$114,900 -

2821 N Guilford Avenue Indianapolis IN 46205

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.15
Acres

well-maintained over/under duplex with established tenants. Instant cash flow for buyer! New vinyl windows and mechanicals. Plus a 2-car garage for add-on monthly revenue. Rich stained hardwood floors and trim. Two private, secured laundry areas provide hookups for tenant-owned washers/dryers. Each unit has living room with fireplace, dining room, kitchen with elect stove, refrigerator, dishwasher & disposal. Upper unit (#2) has a 4-season porch for added storage/office/etc. Lower unit rents for $600/mo, upper unit rents for $650/mo, including 2-car garage. Each units' tenant is charged back $45/mo for water & sewer paid by owner. Market rents could be in the $700 (lower) and $795 (upper) range. 13.6% cap rate at current rents.

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Property Details

Price: $114,900 Originally: $114,900 Bathrooms: 0.00 MLS #: 21517398 Year Built: 1910 Township: Center NE Type: Multi-Family Zip Code: 46205 City: Indianapolis Subdivision: Boswell & Flemings Grandview Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

    Exterior Features

    Exterior Features:
    • Construction: VinylBrick
    • Features: DrvGravel
    • Setting / Lot Description: NotInSubdv, AccStreet
    • Lot Size: 50x135
    • # Acres: 0.15

    Listing Office: Kenter Real Estate, Llc

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    All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2017 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

    Listing information last updated on November 18th, 2017 at 12:39pm EST.

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