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Charlene Gaard
  • Residential Real Estate Broker
  • Carmel, IN
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INDIANAPOLIS - BRICK 6 PLEX IN NEAR NORTHSIDE CONDO CONVERSION?

Charlene Gaard
  • Residential Real Estate Broker
  • Carmel, IN
Posted Jul 21 2018, 17:59

This is a one of a kind opportunity. Right on the corner of Herron Morton and the Near Northside in the Kennedy Park neighborhood is this incredible brick 6 unit apartment. All units are move-in ready but it doesn't have any tenants. 

Here are the photos: https://indyrephotoinc.box.com/s/0a9t5rqdewcm5940c9q6g2x8wgac5lz6

There are 6 units. The upper two levels have 2 units on each floor each with 2 bedrooms. There are 2 garden units. One is a one bedroom and the other is a studio. The studio could be a one bedroom but where the bedroom would be is a maintenance/storage area. 

An extra lot comes with the building so add some garages and have a condo conversion or just charge market rent and keep as rentals. Average rent in area for 2 bedroom units is $1235/month. 

This building will be in the mls beginning Monday morning. Price is $495k. If you have interest or questions please let me know. Charlene Gaard NO LIMIT Real Estate LLC

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