Average square foot calculated using Size range provided by listing agent.
Description
Incredible value-add apartment building in the heart of Zionsville - a community known for its charm, top-ranked schools, and strong job and population growth. This well-located property features 16 one-bedroom and 4 two-bedroom units with 40% already renovated, leaving plenty of upside for the next owner.Current rents average just $800, with market potential of $1, 250-$1, 375 . Tenants pay their own electric and heat, making for low owner expenses. The property sits on a large lot with ample parking, and the building itself is low-maintenance and easy to manage.At just over $100k per door, this is an exceptional chance to acquire a rare downtown Zionsville multifamily property with strong fundamentals and even stronger future upside..Show Description
MLS® Number22065458
Locker
Ensuite LaundryNo
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GarageNo
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HeatElectric, Baseboard
A/CWall Unit(s)
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