2435 Shelby Street, Indianapolis IN 46203 Photo 1 2435 Shelby Street, Indianapolis IN 46203 Photo 2 2435 Shelby Street, Indianapolis IN 46203 Photo 3 2435 Shelby Street, Indianapolis IN 46203 Photo 4 2435 Shelby Street, Indianapolis IN 46203 Photo 5 2435 Shelby Street, Indianapolis IN 46203 Photo 6

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2435 Shelby Street -

Exceptional opportunity to own an income property directly across from Garfield Park tennis courts, gardens and conservatory. 4 units fully rented, 3 residential units and 1 storefront. Situated on a busy street w/good commuter traffic and great visibility. Newer roof and furnace. Rents total $2400/month with net income in 2016 at $18,845. Close to popular Fountain Square.

Listing information

  • BLC ID: 21513023
  • Year Built: 1934
  • Parking Type Description: None 0 cars
  • Lot Area: 0.10
  • County: Marion
  • Property ID: 104059068
  • Status: Sold
  • New Construction: No
  • Lot Size: 30x143
  • School District: Indianapolis Public Schools
  • Style: Traditional
  • Stories: 0
  • Foreclosure: No
  • Taxes: $1,242
  • Subdivision: Spann & Halloway Shelby

Features

Architectural Style TradAmer
Building Information Smoke Alarm
Building Levels One
Building Type Fourplex
Building Utilities Cable Available, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Disclosure Other Defects/None Noted
Documents LegalDesc
Exterior Brick
Inspection Warranties Not Applicable
Laundry ConnSome
Lot Information Corner
Operating Expense Insurance, PropTaxes, Utilities
Other Acres - <1/4 Acre, Conversion - 0, Disclosures - Not Applicable, Expenses - 10005, Green Certification Y/N - 0, Gross Operating Income - 28850, Listing Type - Exclusive Right To Sell, Lot Number - 1, Net Operating Income - 18845, New Construction - No, Number Units Total - 4, Property Description - Exceptional Opportunity To Own an Income Property, Property Sub Type - 1-4 Units Residential, Property Type - Multi-Family, Solid Waste - 1, Sq Ft Main Upper - 0, Tax Year - 2016, Township - Center SE, Unit Count - 4
Owner Pays Other
Possession AtClosing
Possible Financing Conventional, InsuredConventional
Tenant Pays NoUtil
Unit Parking On Street, Other
Listed by Trent Wood of CENTURY 21 Scheetz 317-705-2500