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$69,000 -

3002 Villa Avenue Indianapolis IN 46237

SQ. Feet
(Above Ground)

Great multi-use building with 2 office spaces and 2 residential units. Two storefront style office spaces face Troy Ave on the main level. One studio apartment on the back and a 1/1 apartment upstairs! Four income streams from one building, which combine for a nearly a 20% cap rate when fully occupied. Properly managed, this property can pay for itself in 5 years! Very close to U Indy and Garfield Park.

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Property Details

Price: $69,000 Previously: $75,000 Originally: $75,000 Bathrooms: 0.00 MLS #: 21544374 Year Built: 1947 Township: Perry Type: Multi-Family Zip Code: 46237 City: Indianapolis Subdivision: Buena Ann County: Marion School District: Perry Township

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Construction: CncrtBlock
  • Setting / Lot Description: Corner, AccStreet
  • Lot Size: 7,126
  • # Acres: 0.16

Listing Office: Century 21 Scheetz

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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. © 2018 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 20th, 2018 at 11:55am EDT.

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