740 E North St | Indianapolis, IN 46202
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This Multifamily Property is no longer advertised on LoopNet.com.
740 E North St
Indianapolis, IN 46202
BlumLux · Multifamily Property For Sale
·
5 Units

Investment Highlights
- https://my.rcm1.com/buyer/agreement?pv=-g7-cnrXBh-llcWfF8IpBgLgLc_x-2AspB30g1nQOc_eOIUbPUv9hBB8TkyupMkS
- Additional Income through charging for garage parking: There are two garage spaces that could be converted for tenant use. Both spaces are currently u
- Opportunity for Condo Conversion with Pre-divided Parcels: Situated near the Mass Ave Cultural District, The Blumlux Building presents an enticing con
- Additional Income Through Utility Reimbursement: currently the landlord covers all utility expenses, including electric, water, sewer, gas, trash, and
- Prime Signage Opportunity: The current owner uses the signage to promote both his jewelry brand and the building itself, but a new owner could unlock
- Airbnb and Short Term Rental Potential in Heart of Indianapolis: Blumlux is uniquely positioned within a mile of Indianapolis’s cultural hub, Mass Ave
Property Facts
| No. Units | 5 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 13,307 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1898/2016 |
| Building Class | B | ||
| Zoning | CBD-2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 13,307 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1898/2016 |
| Zoning | CBD-2 |
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $91,900 |
| Land Assessment | $12,800 | Total Assessment | $104,700 |
Property Taxes
Parcel Numbers
Multiple
- 49-11-01-179-003.003-101
- 49-11-01-179-003.002-101
Land Assessment
$12,800
Improvements Assessment
$91,900
Total Assessment
$104,700
Listing ID: 33848113
Date on Market: 11/12/2024
Last Updated:
Address: 740 E North St, Indianapolis, IN 46202
The Chatham Arch Multifamily Property at 740 E North St, Indianapolis, IN 46202 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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