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Rare 4 plex in Herron Morton! Units feature high ceilings, deep closets, large windows bringing in natual light with 2-3 bedrooms and 1-2 baths, laundry hookups in unit and dishwashers. New exterior paint completed April 2022. New roof (2017) New heat pumps/central ACs (2017). Hot water heaters (2014-2016). Street parking with communal patio in back for resident use. 3 of the 4 units are vacant and ready for new tenants. Local PM is ready to take on new property management if desired. Market rents average $1,600/unit. One of the units was successfully used as an Airbnb in 2016-2017 grossing $1,900/mo. Assume it could be much more now. Opportunity awaits in one of the most coveted neighborhoods in the city!
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Courtesy of: JRB Group Information Deemed Reliable But Not Guaranteed. ©2022 Metropolitan Indianapolis Board of REALTORS®. Updated: 17th May, 2022 12:40 AM (UTC)