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$289,000 -

3123 E Michigan Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.13
Acres

INVESTOR ALERT!! RARE 4-PLEX NOW AVAILABLE!! Don't miss this great opportunity to acquire a turnkey 4 unit property on Indy's near eastside. Excellent location near multiple revitalized neighborhoods, and just minutes into Indy's amazing downtown. Fully tenant occupied so you'll be bringing in income from day one! Units are all 1/1's and the gross rents are currently $2285. Property is all electric. Electricity is separately metered and the tenants pay. Owner pays water/sewer but each tenant is charged $50/mo to cover the expense. Lots of recent updates over the past few years including all new electrical wiring and meters, baseboard heaters, water heaters, water mains, most windows, siding/eaves, appliances, and more! Roof around 13yrs old. Property is professionally managed by the Wilmoth Group. Get your offer in today and add this excellent rental property to your portfolio!

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Property Details

Price: $289,000 Previously: $289,000 Originally: $289,000 Bathrooms: 0.00 MLS #: 21966123 Year Built: 1900 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Rhodes E Ohio St County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: None
  • Heating: Baseboard

Exterior Features

Exterior Features:
  • Setting / Lot Description: Busline, Corner Lot
  • # Acres: 0.13

Listing Office: Keller Williams Indpls Metro N

Office Contact: peter@peterstewartrealty.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 8th, 2024 at 6:47pm EDT.

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