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1357 W Stop 11 Rd 3,900 SF Specialty Building Offered at $375,000 in Indianapolis, IN 46217
EXECUTIVE SUMMARY
This income-producing gem brings in $3,900 monthly in rent! Unit A has been refreshed with updated plumbing, electrical, and lighting, while Units B and D have been fully modernized. A common laundry area adds convenience, and the attached garage offers the possibility of converting into a 6th unit. The lease for Unit B ended in July, with other units leased through January 2025. Plus, the property features an updated furnace and water heater, ensuring everything runs smoothly.
PROPERTY FACTS
| Price | $375,000 | Lot Size | 2.47 AC |
| Price Per SF | $96.15 | Building Size | 3,900 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1930 |
| Property Subtype | Residential Income | Parking Ratio | 0.77/1,000 SF |
| Building Class | C | ||
| Zoning | R-2 - Residential | ||
| Price | $375,000 |
| Price Per SF | $96.15 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 2.47 AC |
| Building Size | 3,900 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | R-2 - Residential |
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 49-14-22-131-008.000-500 | Improvements Assessment | $290,900 |
| Land Assessment | $196,400 | Total Assessment | $487,300 |
PROPERTY TAXES
Parcel Number
49-14-22-131-008.000-500
Land Assessment
$196,400
Improvements Assessment
$290,900
Total Assessment
$487,300
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1357 W Stop 11 Rd
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