$450,000

1602 E Vermont Street, Indianapolis, IN 46201

Multi-Family Home
Built in 1910
5,227sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.

Listing Status:: Active
Listing Office:: F.C. Tucker Company : 317-370-0189
Listing Agent:: Michael Miller : 317-370-0189
MLS ID:: 22046613

Laundry: Common LaundryIn Basement
Basement: Storage SpaceUnfinished
A/C: Central AirWindow Unit(s)
Heating: Natural Gas

Style: Traditional
Parking: Alley Access

Roofing: Asphalt
General: TwoBrick/Mortar

Road/Access: City Street
Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: Sturm & Kollers Corr Add L52491006132010000101
Current Use: Residential

Source: mibor

This listing courtesy of Michael Miller, F.C. Tucker Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Thomas D. Gregg Elementary School 15

2302 E Michigan St, Indianapolis, IN, 46201

Grades PK-6

0.59 miles away

H. L. Harshman Magnet Middle School

1501 E 10th St, Indianapolis, IN, 46201

Grades 7-8

0.58 miles away

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.