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Listing 1 out of 1,945
$139,900 For Sale

3710-3712 East Market Street
Indianapolis, IN 46201

2 units | Multi Family Home
5663 sq ft - MLS# 21627236
Property Photo
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Description

Nice duplex just east and 11 minutes from downtown Indy! Great income opportunity for investors - each side with 3 beds and 1 bath. Section 8 duplex receives $1810 (one side $860 and the other $950) in monthly rent and estimated expenses are $300/mo. Capitalization rate potential for this property is 11%! One side occupied and the other side has a tenant under contract and waiting on completion of Sec 8 inspection prior to move-in. Room measurements approximate. Sold As-Is. Tenants rights apply.

Features

  • Property Type: Multi Family Home
  • Sub Type: 1-4 Units Residential
  • Listing Status: Active
  • County/Area: Marion County
  • Zip Code: 46201
  • Year Built: 1925
  • Subdivision/Neighborhood: Hartmans Add Robison & Voorhees
  • School District: Indianapolis Public Schools
  • Style: Traditonalamerican
  • Units: 2 units
  • Lot Size: 5663
  • Area: 4912 - Marion - Center Ne
  • Acres: <1/4 Acre
  • Building Levels: Two
  • Building Type: Double/Duplex
  • Building Utilities: Electric, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
  • Down Payment Resource: Yes
  • Expenses: 3600
  • Exterior: Vinyl
  • Gross Operating Income: 21720
  • Laundry: NoLaundry
  • Lot Information: Sidewalks
  • Lot Number: 7
  • Main Type: Multi-Family
  • Solid Waste: 1
  • Sq Ft Source: Assessor
  • Tenant Pays: All Utilities
  • Township: Center NE
  • Trans Type: Sale
  • Unit Count: 2
  • Unit Parking: On Street, Paved Area
Courtesy of Berkshire Hathaway Home

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Kelly Dather
9865 E. 116th St., Suite 800 
Fishers IN 46037​​​​​​​
Phone & Text: 317-496-9308
Email: kelly@kellydather.com


Kelly Dather | The Kelly Dather Real Estate Group  | Phone: 317-496-9308 | kelly@kellydather.com
9865 E. 116th St., Suite 800 Fishers IN 46037
Copyright © 2015. Kelly Dather, All Rights Reserved

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