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Listed by Tumikia Gilbert • Keller Williams Indy Metro NE
$ 130,000
Est. payment /mo
Active
3651 N Denny ST Indianapolis, IN 46218
1,187 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,187 sqft
Price per Sqft $109
MLS Listing ID 22117624
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Business
Property Description
Buy & Hold Investment Opportunity! Don't miss this excellent opportunity to add a cash-flowing investment property to your portfolio! This income-producing property has been successfully operated as a licensed child care facility since 2008 and is currently occupied by a long-term tenant who has been in place since 2019. The current tenant is under lease through March 31, 2027, providing immediate, stable rental income. Tenant pays $600 biweekly ($15,600 annually) and is responsible for utilities, lawn care, routine maintenance, gutter cleaning, power washing as needed, and business operations. The property offers an approximate 12% gross annual return based on the current asking price of $130,000 and current rental income. Whether you're looking to expand your investment portfolio or purchase a property with an established tenant already in place, this is a fantastic opportunity.
Location
State IN
County Marion
Zoning Daycare
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Roof Type Shingle
Building
New Construction false
Schools
School District Indianapolis Public Schools
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