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1355 S EAST Street - Well maintained 4 unit (fully leased as of listing day) investment property celebrating its 100th birthday! Easy to rent units w/ great location. On bus line. Close to downtown, 2 miles. 10 min walk to Fountain Square. Easy access to interstate 65. Covered porch is perfect spot for tenants to stay cool while relaxing after a long day. Has 2 units upstairs, 1 in the basement, and 1 on the main level. Could be converted into single family dwelling. Has detached garage currently used for owner’s storage.

Listing information

  • BLC ID: 21490847
  • Status: Active
  • New Construction: No
  • Lot Size: 35X110
  • School District: Indianapolis Public Schools
  • Style: 4 - Plex
  • Stories: 0
  • Foreclosure: No
  • Taxes: $1,184
  • Subdivision: Southpark
  • Year Built: 1917
  • Parking Type Description: None 0 cars
  • Lot Area: 0.14
  • County: Marion

Features

Architectural Style Fourplex, TradAmer
Building Information Smoke Alarm
Building Levels Basement, Two
Building Type Fourplex
Building Utilities Cable Available, Gas Connected, Municipal Sewer Connected, Municipal Water Connected, Storm Sewer
Disclosure Other None
Documents None
Exterior Brick
Inspection Warranties Not Applicable
Laundry NoLaundry
Lot Information Access Street, Busline, Sidewalks
Other Acres - <1/4 Acre, Basement - 1, Conversion - 0, Disclosures - Not Applicable, Expenses - 9900, Green Certification Y/N - 0, Gross Area SQFT - 3219, Gross Operating Income - 33500, Listing Type - Exclusive Right To Sell, Lot Number - 52, Net Operating Income - 23900, New Construction - No, Number Units Total - 4, Property Description - Well Maintained 4 Unit (Fully Leased As of Listing, Property Sub Type - 1-4 Units Residential, Property Type - Multi-Family, Solid Waste - 1, Sq Ft Main Upper - 0, Tax Year - 2016, Township - Center NE, Unit Count - 4
Owner Pays Electric, Gas, InsHazard, Sewer, Water
Possession Negotiable
Possible Financing Conventional
Tenant Pays Cable, Insurance Renters
Unit Parking On Street, Other
Listing Courtesy of Keller Williams Indpls Metro N