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Updated 12 days ago on . Most recent reply

User Stats

79
Posts
40
Votes
Lauren Perry
  • Realtor
  • Indianapolis, IN
40
Votes |
79
Posts

Stabilized 8-unit Property on 6 acres in Indianapolis (Avon)

Lauren Perry
  • Realtor
  • Indianapolis, IN
Posted

Rare opportunity to purchase a recently renovated, stabilized 8-unit property in beautiful Avon, IN (desirable suburb of Indianapolis).
This property consists of 6 x 2 bed/2bath units & 2 x 1 bed/1 bath units.
Each unit has it's own laundry hookups and private outdoor space. 
Many units offer vaulted ceilings, walk-in closets and views.

Rents range from $1125/mo to $1750/mo and all tenants pay electric/gas/sewer/water. 
Owner pays trash/landscaping/snow removal. 
Gross rents $144,000/yr + utilities. 

Property sits creek-side on 6 acres in a beautiful wooded setting (NOT in a flood zone). 
The property operates on a high producing well and septic, minimizing utility costs. 

I am a licensed Realtor and property owner. Contact me for details!

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