$409,000

Attention Investors! Hard to find 4-unit (true quad--not a conversion) on the northeast side of Indianapolis. Turnkey rental opportunity. Nice, large corner lot. Two-level brick with vinyl siding accents. Three of the four units are occupied, and one unit has been left vacant for showings. Vacant unit is move-in ready. Large living rooms in all units. Kitchens have eat-in areas. Newer mechanicals. Each unit has its own furnace and water heater. Building roof is 8 years old. New rubber roof on the carport. Newest tenant in apartment 1 pays market rent. Other two units are longer term tenants and are on a month-to-month leases. Apt 2 tenants will vacate by the end of October to give the new owner full flexibility with placing new tenants. Stoves and refrigerators are included. Tenants pay their gas and electric which are metered separately. See attachments. Majority of the building has vinyl replacement windows. Each unit has one assigned parking space in the carport. Plenty of street parking. Newly renovated Arlington Middle School is very close. The property is off of East 56th St and close to I465. Less than a 10 minute drive to Fort Ben State Park and all the amenities that Fort Ben has to offer. Also near the YMCA which has a fitness gym and pools. Buyer to complete all due diligence. Room sizes are estimated.