3539 N College Ave, Indianapolis, IN, 46205

USD 550,000
For Sale

Property Details

Bedrooms

12

Bathrooms

4

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 12 • Bathrooms: 4 • Square Feet: 4552 • Lot/Size: 6,400 sqft lot

Description: INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This, plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

Location

Address

3539 N College Ave, Indianapolis, IN, 46205

City

Indianapolis

Features and Finishes

Year Built: 1910; [object Object]; [object Object]; [object Object]

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