2008 / 2012 E Washington St, Indianapolis, IN, 46201
Property facts
- Property type
- Multi-Family
- Bedrooms
- 6
- Bathrooms
- 16
- Lot size
- 5,000 sqft lot
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About this home
Property Details: • Type: Multi-Family • Bedrooms: 6 • Bathrooms: 16 • Square Feet: 8000 • Lot/Size: 5,000 sqft lot
Description: A 16-unit building bringing in $15,910 a month with another $2,890 sitting on the table once you fill the two vacant units. Two side-by-side 8-unit buildings at 2008 and 2012 E Washington, sold together as one package. Every unit is a one-bed, one-bath layout, fully renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so turnovers don't turn into a rekey project. Fourteen units are leased today. Rents run from $1,060 to $1,175, with most around $1,130. Stabilized at $1,175 across all 16, the property produces $18,800 a month, or $225,600 a year. Two of the eight units in 2008 are vacant and turn-ready.
Features & amenities
Location
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Listing information
- Original source
- www.redfin.com
- Added to Mirror
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