Located just north of Fountain Square, this duplex is in an area where some rehabs are going on including a couple single family homes three houses down the street (see photo link below). This double also sits just over a mile away from the proposed Criminal Justice Center Project going into the old GM Stamping Plant. This is a $572 million project and you can find more information about it here.
Turn this back into a single family property or keep it as a duplex as a 3/1 on one side and studio on the other! Currently rented, the studio side is bringing in $500 per month. The 3/1 is vacant and needs some TLC to be rent ready. The house has newer windows.
There are not a lot of duplexes around, but 1532 E Ohio St sold recently for $65k "as is" with only 46 days on the market. It is a 3/1 per side, collecting well under market rent of $600 on one side now.
||1506 Bates St, Indianapolis, IN 46201, USA
|Sq Footage Source
||I am the owner of this property and have authority to sell
||June 7th, 2018
Do your research before making any investment!
Seller assumes all responsibility for the content of this listing.