Map
Listed price in listed location currency (USD).
$219,900

000

MLS® 22126506

Overview

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 7
Lot Size 0.14 Acres
Approx. Age 1940
MLS® Number 22126506

Property Address: 1702 E 46th St, Indianapolis, IN, 46205-2165

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1, 575/month or $18, 900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219, 900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, tenant utility reimbursements, expenses, measurements and all information important to buyer.
MLS® Number22126506
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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