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$250,000 -

4841 E Terrace Avenue Indianapolis IN 46203

2
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.34
Acres

Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage. The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles. The residential unit has a working kitchen and laundry, large bedroom with door to outside courtyard. There is a large patio connecting the residential unit to the storage building. Storage building currently being leased. Own and occupy all 3 buildings or own and lease all three. The potential for this unique property is vast.

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Property Details

Price: $250,000 Previously: $250,000 Originally: $250,000 Bedrooms: 2 Bathrooms: 1.00 MLS #: 21958088 Year Built: 1947 Township: Center SE Sq. Ft Total: 780 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Emerson Terrace County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Electric Cooktop, Refrigerator
  • Cooling: Central Electric
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Porch: Open Patio
  • # Acres: 0.34

Listing Office: Sherry Minkis

Office Contact: sherryminkis@gmail.com

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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. © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 27th, 2024 at 1:31pm EDT.

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