1515 E Michigan St, Indianapolis, IN 46201, USA

1515 E Michigan St, Indianapolis, IN 46201, USA
$419,000
SOLD

Basics

Type Status Area 2774 sq ft

Description

  • Description:

    A profitable investment with long-term, valued tenants. This 5-unit multi-family property is 2 miles  east from downtown Indianapolis, 2 miles north of Fountain Square, north or Arsenal Heights and  Holy Cross. Many updates have been completed. Including but not limited to a new roof, new siding  in some areas, new gutters, new soffits, replaced plumbing to the street, replaced gas lines and a  new electrical panel.  

    The front building holds 4 units. The garage was converted into a unit. There are many newly  developed residential and commercial properties nearby.  

    The property is 100% occupied. The new owners would have to honor and respect the leases. Tours  are scheduled in advance and all tours must show proof of funds prior to touring the property. All  tenants are current with their rents and are exceptional tenants. A breakdown of financials and  leases are available to buyers who have submitted proof of funds or financing.  

Location

Documents

  • Documents:
    Michigan-Flyer_Please-call-317-902-8622.pdf 5.58 MB

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