$725,000

2407 N Capitol Avenue, Indianapolis, IN 46208

Multi-Family Home
Built in 1914
5,227sqft lot
3 car garage
$——/sqft
Listed 5 months ago

Property Description

This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.

Listing Status:: Active
Listing Office:: Gardner Property Group : 260-705-7325
Listing Agent:: Cory Gardner : 260-705-7325
MLS ID:: 22037091

Laundry: Connections All
A/C: Separate Meters

Style: A-Frame
Parking: Detached

General: Three Or MoreBlock

Road/Access: City Street
Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: Joseph W Becks Sub Add L17490626108032000101
Fencing: Full
Current Use: Residential

Source: mibor

This listing courtesy of Cory Gardner, Gardner Property Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.35 miles away

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.35 miles away

Shortridge High School

3401 N Meridian St, Indianapolis, IN, 46208

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.