$180,000
$190,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
1657 S Delaware ST Indianapolis, IN 46225
3,049 Sqft Lot
Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Fennemans
MLS Listing ID 21951798
Sold Date 01/12/24
Year Built 1900
Tax Year 2021
Lot Size 3,049 Sqft
Acres 0.07
Property Description
*Update* - one side is leased for $1,100. Vacant side is now being marketed for $1,100. Welcome to this fantastic investment opportunity! This duplex, located just 8 minutes from downtown Indianapolis, is perfectly situated close to the popular Bates-Hendricks area and the historic Old Southside, both of which are experiencing a surge in new development and growth. With two 2-bedroom, 1-bathroom units, this property offers tremendous potential for investors and owner-occupants alike. *Highlights* - Only 10 minutes away from downtown Indianapolis. - Currently vacant and ready for your next tenants or live in one unit and rent out the other to significantly reduce your mortgage expenses. - Immense rent potential with the higher HUD rates for 2023. - Professional property management services available for smooth and hassle-free operations. - Perfect for Airbnb with good nightly rates or travel professional rentals with close proximity to IU Health, Eskenazi Health, and Riley Children's Hospital. *Recent Updates* - Kitchen Upgrades: Enjoy updated countertops, cabinets, and fixtures. - Brand new flooring has been installed and new paint throughout. - Foundation Work:Important foundation work has been completed, ensuring the long-term stability and structural integrity of the property. *Utilities* - Electric and gas are separately metered for each unit, allowing tenants to have control over their usage and payments. - Water is shared between both units, simplifying billing and management. *Schedule your showing today!*
Location
State IN
County Marion
Zoning residential
Interior
Fireplace N
Exterior
Waterfront false
View Y/N false
Building
Story One
Foundation Block
Architectural Style Bungalow
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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