IN > Indianapolis
Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
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Jake Stiles, CLHMS

Jake Stiles, CLHMS

Coldwell Banker Stiles

+1(317) 201-4092
Listed by Mark Harris • CENTURY 21 Scheetz
$399,999
Est. payment /mo
2,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $181

MLS Listing ID 22017010

Year Built 1925

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi-Family 5+

Property Description

CHARMING QUINTUPLE MULTI-UNIT PROPERTY! A PRIME INVESTMENT PROPERTY! Take a look at this well-maintained 5 unit-property, a fantastic opportunity for both investors and homeowners looking to generate rental income. Each of the five units offers spacious living with a comfortable living room, bedroom, and kitchen, along with separate entries for added convenience, safety and privacy. The property features several key updates, including new roof, windows, doors, electrical/plumbing, water heater and electric baseboard heating system all completed in 2022. Freshly painted interior creates a bright and inviting atmosphere- perfect for the renter's ambiance! With its attractive curb appeal, this property is sure to catch the eye of both tenants and visitors, Ideal for those looking to invest in a high demand rental property or offset living expenses. With each unit currently leased at $1000 per month (effective 1/4/25), the property promises a steady stream of income with a great CAP rate (10.95%)!With its prime location, low-maintenance and excellent rental income, this property is a rare find in Indianapolis. Don't miss out on this great opportunity.

Location

State IN

County Marion

Zoning D-8

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling Central Electric

Fireplace N

Exterior

Garage Spaces 1.0

Utilities Available Cable Available, Electricity Connected, Gas Nearby, Gas

View Y/N true

Roof Type Asphalt,Shingle

Building

Story 1

Architectural Style TraditonalAmerican

Structure Type Aluminum Siding

New Construction false

Schools

Middle Schools Northwest Community Middle School

School District Indianapolis Public Schools

Others

Virtual Tour https://youtu.be/8BUAfGrofOc

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MIBOR MLS
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agent

Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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3178 N Capitol AVE

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