Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays… Read More utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without accepted offer. Do not disturb tenants. Read Less
Courtesy of Hanza Realty, LLC, 317-800-4438.
Listing Snapshot
Days Online
409
Last Updated
Property Type
Quadruplex
Lot Size
0.28 Acres
Year Built
1925
MLS Number
22045368
30 Days Snapshot Of 46201
$257k
+6%
(avg) sold price
30
-28%
homes sold
90
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Levels: Two, Year Built: 1925
Garage
Garage Spaces: 1
Lot
Acres: 0.28, MLS Acres: 1/4-1/2 Acre
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