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3123 E Michigan Street

Indianapolis, IN 46201
  • $289,000
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 21966123
UPDATED: 183 min ago
$289,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

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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© 2024 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2024-06-14T11:26:49.497. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/148175828
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3123 E Michigan Street Indianapolis, IN 46201

  • Price: $289,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 183 min ago
  • MLS #: 21966123
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1900
Built
Neighborhood:
Rhodes E Ohio St
County:
Marion
Area:
4912 - Marion - Center Ne
School District:
Indianapolis Public Schools
Property Description
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!
Exterior Features

Architectural Style TraditonalAmerican Construction Materials Aluminum SidingVinyl Siding Foundation Details Block Levels Two Lot Information BuslineCorner Lot Road Access Not Applic Roof Asphalt Structure Type Quadruplex Unit Parking On Street View YN No Waterfront YN No

Interior Features

Basement YN Yes Cooling None Heating Baseboard

Property Features

Acres <1/4 Acre Current Financing Conventional Current Use Apt<20 Expenses 0 Green Certification YN No Laundry No Laundry Facil. New Construction YN No Number Of Units Total 4 Owner Pays SewerWater Possession Subject To Tenants Rights Property Sub Type Fourplex Semi Annual Property Tax Amt 1323 Solid Waste Yes Tax Year 2022 Tenant Pays Electricity Township Center Transaction Type Sale

Listing provided courtesy of Keller Williams Indpls Metro N: peter@peterstewartrealty.com. © 2024 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2024 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2024-06-14T11:26:49.497. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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David Brenton's Team
4741 E Stop 11 Rd.
Indianapolis IN, 46237