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$122,000 -

106 N Riley Avenue Indianapolis IN 46201

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

Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities. Potential for a 3-5 bed, 2 bath SF conversion. Possible seller financing with as little as 10% down for owner occupants and 20% for non-owner occupants. Make sure to do your own due diligence prior to making an offer as this is an as-is sale and buyer needs to know what zoning would allow for a SF or MF use before making an offer.

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Property Details

Price: $122,000 Previously: $122,000 Originally: $140,000 Bathrooms: 0.00 MLS #: 21962757 Year Built: 1915 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Caylors E Wash St Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.15

Listing Office: Wynkoop Brokerage Firm, Llc

Office Contact: Scott@IndianaREO.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 May 18th, 2024 at 3:46pm EDT.

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