1202 E Washington Street, Indianapolis IN 46202 Photo 1 1202 E Washington Street, Indianapolis IN 46202 Photo 2 1202 E Washington Street, Indianapolis IN 46202 Photo 3 1202 E Washington Street, Indianapolis IN 46202 Photo 4 1202 E Washington Street, Indianapolis IN 46202 Photo 5 1202 E Washington Street, Indianapolis IN 46202 Photo 6 1202 E Washington Street, Indianapolis IN 46202 Photo 7 1202 E Washington Street, Indianapolis IN 46202 Photo 8 1202 E Washington Street, Indianapolis IN 46202 Photo 9 1202 E Washington Street, Indianapolis IN 46202 Photo 10 1202 E Washington Street, Indianapolis IN 46202 Photo 11 1202 E Washington Street, Indianapolis IN 46202 Photo 12 1202 E Washington Street, Indianapolis IN 46202 Photo 13 1202 E Washington Street, Indianapolis IN 46202 Photo 14 1202 E Washington Street, Indianapolis IN 46202 Photo 15 1202 E Washington Street, Indianapolis IN 46202 Photo 16

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1202 E Washington Street - Location, Location, Location!!! Unique 6 unit apartment building in downtown Indy. Tremendous investment opportunity with $3,000/month cash flow and could easily demand more given property's prime position. Nestled within the Holy Cross neighborhood, property is literally 1 minute away from downtown, the interstate, and bus-line. Seller recently updated all electric and plumbing throughout. Location, cash flow, appreciation-this property would be a valuable addition to any investor's portfolio!

Listing information

  • BLC ID: 21500591
  • Status: Active
  • New Construction: No
  • Lot Size: 4,748
  • School District: Indianapolis Public Schools
  • Style: Traditional
  • Stories: 0
  • Foreclosure: No
  • Taxes: $1,318
  • Subdivision: Kneflers Cor Sub Davidson
  • Year Built: 1900
  • Parking Type Description: None 0 cars
  • Lot Area: 0.11
  • County: Marion

Features

Architectural Style TradAmer, Two Story
Building Information Smoke Alarm
Building Levels Two
Building Type ApartComplx
Building Utilities Electric, Municipal Water Available, Sewer
Disclosure Other Sales Disclosure On File
Documents None
Exterior Wood
Exterior Amenities Fence Partial
Foundation Basement-Block
Inspection Warranties Not Applicable
Interstate Ramp<1Mi
Laundry NoLaundry
Lot Information Access Alley, Busline, Corner, Sidewalks
Operating Expense Insurance, PropTaxes, Utilities
Other Acres - <1/4 Acre, Basement - 1, Conversion - 0, Disclosures - Not Applicable, Expenses - 8100, Green Certification Y/N - 0, Gross Area SQFT - 3490, Gross Operating Income - 36000, Investment - 1, Listing Type - Exclusive Right To Sell, Lot Number - 6, Net Operating Income - 27900, New Construction - No, Number Units Total - 6, Present Use - Apt<20, Property Description - Location, Location, Location!!! Unique 6 Unit Apar, Property Sub Type - 5+Units Commercial, Property Type - Multi-Family, Solid Waste - 1, Sq Ft Main Upper - 0, Sq Ft Source - Broker, Tax Year - 2016, Township - Center NE
Owner Pays Electric, Insurance Liablty, Property Taxes, Water
Possession AtClosing, Negotiable
Road Access CityStreet
Road Frontage CityStreet
Road Surface Asphalt
Tenant Pays Cable
Unit Parking 2 Car Space, On Street, Unpaved
Listing Courtesy of Keller Williams Indy Metro W