19-21 Hendricks Place
Indianapolis, Indiana 46201, United States

Indianapolis, Indiana 46201, United States
Listed By CENTURY 21 Scheetz

The Commercial for Sale located at 19-21 Hendricks Place Indianapolis Indiana 46201 is currently for Sale, 19-21 Hendricks Place Indianapolis Indiana 46201 is listed for $425,000. If the property located at 19-21 Hendricks Place Indianapolis Indiana 46201 isn't what you're looking for, search Indiana Real Estate to see other Commercial for Sale in Indianapolis .

MLS#: 22017073

$425,000 USD

The details

Property features

Date Updated: Jan 14, 2025

Construction details

Year built
1890
Roofing
composition/shingle
Shingle-Asphalt

Area

Land/Lot size
405m² (0.1ac)
Cooling system
Wall Unit
Heating system
Forced Air

Description

Fantastic income generating property with amazing CASH FLOW: 8 studio/efficiency units. One side (#19) has 5 units & the other side (21) has 3 units. All units recently renovated & upfit for selling/renting. Potential to receive $7,600 total in rent each month. Each unit has kitchen, bedroom, closet & bath. Huge unused attic space with tons of potential (possibly 2 additional units). Parking in the back or on street. Owner pays all utilities (gas, water & electric). Zoned D8. Tenant's rights apply. Must have 48-hour advanced notice for showings. CAP rate 10.64%

Location

19-21 Hendricks Place, Indianapolis, Indiana 46201, United States
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Courtesy of Mark Harris CENTURY 21 Scheetz
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