2808 N Capitol Avenue, Indianapolis, IN 46208

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List Price
$400,000
MLS#
22126251
Days on Market
7
Status
ACTIVE

Property Description

FOURPLEX - All four units are 2 bed / 1 bath, with a mix of long-term and short-term income. Less than a mile from IU Health's new hospital opening in 2027, this is a great opportunity: value + transition from LTR to STR. Currently, units 1, 2, and 3 are leased long-term while unit 4 runs as a furnished successful rental! Tenants pay their own electric and gas, which are separately metered for each unit. Water and sewer are on one meter with bill back. Operating statements and pro forma available upon request.

Additional Information

Expenses
22443
Tenant Pays
All Utilities
Owner Pays
Insurance, Taxes, Trash Collection
Stories
Two
Architecture
Other
Acres
0.21
Heat
Forced Air
Cooling
Central Air, Separate Meters
Financing
Exchange - 1031, Conventional, FHA, VA
Region
Center

Listing courtesy of Kristin Glassburn. @properties

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.