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$499,000 -

8372 E Us Highway 36 Avon IN 46123

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.9
Acres

Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: - Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement - Size: 2,562 sqft - Remodeled in 2013 - Currently vacant and ready for owner occupancy or rental Unit 1B: - Layout: 1 bed, 1 bath - Size: 748 sqft - Updated in 2023 - Currently rented out at $825 per month - Lease expires in May of 2024 Additional Features: - Entire property zoned R-2 (residential or commercial) - 5,000 sqft asphalt parking lot - 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) - Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don't miss out on this chance to invest in a prime location with promising returns

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Property Details

Price: $499,000 Previously: $499,000 Originally: $499,000 Bathrooms: 0.00 MLS #: 21972501 Year Built: 1947 Township: Washington Type: Residential Income Zip Code: 46123 City: Avon Subdivision: No Subdivision County: Hendricks School District: Avon Community School Corp High School: Avon High School Middle School: Avon Middle School North Elementary School: Maple Elementary School

Interior Features

Interior Features:
  • Cooling: Central Electric

Exterior Features

Exterior Features:
  • Setting / Lot Description: City Lot, Not In Subdivision, Street Lights
  • # Acres: 0.90

Listing Office: Century 21 Scheetz

Office Contact: jstevens@c21scheetz.com

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 29th, 2024 at 3:47pm EDT.

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