262 E Southern Avenue

262 E Southern Avenue, Indianapolis, IN 46225

$145,000

Great investment opportunity in South Village right next to Garfield Park and Manuel High School. Property is in great condition with both units occupied. Both sides have their own 1 car garage and separate fenced in back yards-Plenty of off street parking in alley-Newer roof and mechanicals-Well maintained and ready to go. Property is slightly under market rent - market is closer to $700-$800/unit.The left unit is rented for $650/mo - lease ends 4/30/23.The right unit is rented for $550/mo - Month-to-month tenant that has been a long term tenant. (likely will be moving out this summer)

Studio

2,962 Sq.Ft. lot

Ryan Boyd

title REALTOR®
PHONE (317) 362-8882
EMAIL [email protected]

Features & Amenities

Interior

total bedrooms0
Laundry room Connections All

Area & Lot

Status Sold
Date Sold June 21, 2022
Lot Area2,962 Sq.Ft.
MLS® ID21848397
TypeMulti-Family
YEAR BUILT1920
NeighborhoodIndianapolis
Architecture StylesTraditonalAmerican
School DistrictIndianapolis Public Schools

Exterior

Garage Space2.0
lot featuresCorner Lot, Sidewalks, Not In Subdivision
AIR CONDITIONINGSeparate Meters
security FeaturesSmoke Alarm

Financial

Sales Price$145,000

Indianapolis

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