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Listed by Kerolos Sarofem • HSI Commercial & Residential Group, Inc
$ 1,250,000
Est. payment | /mo
7,200 SqFt
$ 1,250,000
Est. payment | /mo
7,200 SqFt
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $173
MLS Listing ID 22073208
Year Built 1965
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Multi-Family 5+
Property Description
Prime Investment Opportunity in Broad Ripple - Fully Occupied 7-Unit Apartment Building! Don't miss this rare chance to own a solid income-producing property in the heart of Broad Ripple, one of the city's most vibrant and desirable neighborhoods! This well-maintained 7-unit apartment building features: 6 spacious 2-bedroom units 1 cozy 1-bedroom unit Fully occupied with great tenants Strong 9% ROI - perfect for investors seeking immediate cash flow Located in a busy, high-demand area, tenants enjoy walkable access to shopping, dining, entertainment, and public transportation. Call today to schedule a private showing Please do not disturb the tenants.
Location
State IN
County Marion
Zoning ZO01
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Utilities Available Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story Two
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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