1129-1131 Rural Street, Indianapolis, IN 46201

$200,000
List Price
$200,000
MLS#
21627148
Lot Size
6,098
Listing Area
VAJENS SOUTH BROOKSIDE AD
Days on Market
6
Status
PENDING - CONTINUE TO SHOW

Property Description

Nice duplex located in an Opportunity Zone, two blocks north of 10th and Rural where so much redevelopment is taking place and only 10 minutes to downtown Indy! Great income opportunity for investors - each side has 4 sleeping rooms with shared kitchen and full bathroom and a studio apartment with it's own kitchen and full bathroom. Duplex receives $5800 in monthly rent and estimated expenses are $1000/mo. Capitalization rate potential for this property is 26%! 1 studio and 7 sleeping rooms occupied and seller has list of tenants interested in occupying vacant studio and sleeping room. Room measurements approximate. Sold As-Is. Tenants rights apply.

Additional Information

Expenses
12000
Tenant Pays
Rent Only
Owner Pays
Insurance Structure, Property Taxes, All Utilities, Water
Architecture
Other
Exterior
Wood
Lot Information
Access Alley, Busline
Lot Size
6,098
Acres
0.14
Region
Center NE
Neighborhood
VAJENS SOUTH BROOKSIDE AD
School District
Indianapolis Public Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home.

Information Deemed Reliable But Not Guaranteed. © 2019 Metropolitan Indianapolis Board of REALTORS®