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1725-1727 N Tacoma Avenue

Indianapolis, IN 46218
  • $174,900
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 202215990
UPDATED: 37 min ago
$174,900
  • 3
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,566
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Low maintenance, cash flow producing duplex conveniently located less than 1/2 a mile from renovated area off of rural st. Updates include newer roof (3-5 years old), flooring, windows, paint, light fixtures, ceiling fans, kitchens and bathrooms. Each side has its own meters and tenants pay all utilities, other than water. Unit 1727 rents for $800 per month. Unit 1725 is currently vacant but has the potential to rent for $950+ per month for a possible $21,000 in gross rent per year. Same small projects still need to be completed.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS. Data last updated: 2022-05-19T11:28:57.643.

www.indianahomehub.com/homes/128281091
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1725-1727 N Tacoma Avenue Indianapolis, IN 46218

  • Price: $174,900
  • Status: Active
  • On Site: 16 Days
  • Updated: 37 min ago
  • MLS #: 202215990
3
Beds
2
Baths
0
½ Baths
0.1
Acres
1,566
SQFT
$112
$/SQFT
1920
Built
Neighborhood:
None
County:
Marion
Area:
Marion
Elementary School:
Brookside #54
Middle School:
Arlington Community Schools
High School:
Arsenal Technical
School District:
Indianapolis Public Schools
Property Description
Low maintenance, cash flow producing duplex conveniently located less than 1/2 a mile from renovated area off of rural st. Updates include newer roof (3-5 years old), flooring, windows, paint, light fixtures, ceiling fans, kitchens and bathrooms. Each side has its own meters and tenants pay all utilities, other than water. Unit 1727 rents for $800 per month. Unit 1725 is currently vacant but has the potential to rent for $950+ per month for a possible $21,000 in gross rent per year. Same small projects still need to be completed.
Exterior Features

Architectural Style Bungalow Driveway None Exterior Brick Fence None Location City/Town/Suburb Lot Description Corner Lot Dimensions 39X106 Outbuilding None Parking Street Parking Spaces 2 Pool YN No Road Access City Road Surface Paved Roof Material Shingle Style One Story Unit1 Garage Type None Unit2 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1566 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling Fan Basement Foundation Unfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 750 Cooling None Dishwashers 0 Disposals 1 Dryers 1 Flooring Laminate Heating Fuel Gas Microwaves 0 Ranges Ovens 1 Refrigerators 1 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 750 Total Sq Ft 2316 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 760 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 816 Wash Dry Hookups 2 Washers 1

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 21000 Annual Insurance Expense 0 Annual Maint Expense 500 Annual Misc 0 Annual Net Income 17355.2 Annual Property Tax 2424.8 Annual Trash Expense 0 Annual Water Sewer Exp 720 Assoc Dues Frequency Not Applicable Assoc Restrictions YN No Association Dues 0 Documents Available LeaseSellers Disclosure Efficiencies 2 Electric Company Aep/I&Amp;M Electric Meters 2 For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Centerpoint Energy Gas Meters 2 Gross Monthly Income 1750 Gross Monthly Rent 10550 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 1 Owner Pays Water Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Restrictions YN No Sale Includes BuildingLand Sewer City Tenant Pays ElectricFuel Three Bedrooms 0 Township Center Two Bedrooms 1 Unit1 Unit Rent 800 Units Rented 1 Water Company Indiana American Water Co Water Meters 2 Water Utility City Year Taxes Payable 2022 Zoning Description Residential

Listing provided by Dustin Ford of Re/Max Real Estate Groups: 765-288-0400.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS. Data last updated: 2022-05-19T11:28:57.643.

 
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Anthony REALTORS
239 W Baker Street
Fort Wayne IN, 46802