1602 E Vermont ST Active

Indianapolis,IN 46201

$ 465000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Sturm & Kollers

MLS Listing ID 22046613

Year Built 1910

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.

Location

State IN

County Marion

Interior

Heating Natural Gas

Cooling Central Air,Window Unit(s)

Exterior

Roof Type Asphalt

Building

Story Two

Foundation Brick/Mortar

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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