$ 550,000
3030 E 10th ST Indianapolis, IN 46201
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Listed by Emily Huskey • Keller Williams Indy Metro S
$ 550,000
Est. payment /mo
Active
3030 E 10th ST Indianapolis, IN 46201
4,768 SqFt
UPDATED:
10/07/2024 03:53 PM
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,768 sqft
Price per Sqft $115
MLS Listing ID 21995747
Year Built 1925
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Description
6-Unit turnkey investment property! Four of the units are 2 bed/1 bath and two units are 1 bed/1 bath. All electric (no gas) with 6 separate electric meters. Owner pays for water only- Average $242 over the last 7 months. Property was gut-renovated in 2022 by previous owner with ~300k in capital expenditures (new rubberized flat roof, new PVC plumbing, new electrical, 6 new water heaters. New windows were installed in 2021.) All kitchen appliances and newer window air units are also included. Shared coin laundry units in basement are included and bring in average $98/month in income. On-street parking. Current leases: $900/month, $1,300 deposit, expires 2/28/2025. $900/month, $900 deposit, expires 10/31/2024. $900/month, $1,300 deposit, expires 12/31/2024. $750/month, $700 deposit, expires 8/31/2024. Current leases and rent roll attached in supplements. Room to increase rents year over year. Two units are currently vacant and available to show. Photos courtesy of management company, current as of 8/14/2024. Water heaters/panels/etc are in unfinished basement area. Coin operated washer/dryers are in basement common area. Owner pays $40 every two weeks for lawn care.
Location
State IN
County Marion
Zoning ZO01
Interior
Fireplace N
Exterior
Utilities Available Sep Electric Meter, Water Connected
Roof Type Rubber
Building
Story Multi/Split
Architectural Style Multi-Level
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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