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Listed by Brendan Sullivan • FS Houses LLC
$ 515,000
Est. payment /mo
New
3620 Birchwood AVE Indianapolis, IN 46205
2,472 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $208
MLS Listing ID 22045890
Year Built 1923
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi-Family 5+
Property Description
Prime multifamily opportunity on Indy's near north side! 3620 Birchwood Avenue is a beautiful 6-unit multifamily property. The units have consistently remained in demand, making this a dependable income-producing asset. Each unit is a spacious 1 bedroom with separately metered electric and gas. Some units feature upgraded appliances and newer HVAC, and a recently installed industrial grade water heater services the entire building efficiently. The building is situated on a quiet, tree-lined street just minutes from downtown, Broad Ripple, and the fairgrounds. Out back, a single row parking lot in the alley provides convenient off-street parking for tenants. With a spacious basement offering potential to add value, this property presents an amazing opportunity for cash flow and long-term upside in an appreciating neighborhood.
Location
State IN
County Marion
Zoning D8
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Sep Electric Meter, Sep Gas Meter, See Remarks
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
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