5819 E Washington ST new

Indianapolis,IN 46219

$ 1200000

- Bed

- Bath

10194 SqFt


Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 10,194 sqft

Price per Sqft $117

MLS Listing ID 22023319

Year Built 1924

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi-Family 5+

Property Description

Amazing and rare opportunity to purchase cashflow-positive property in Historic Irvington. The property has several mature trees and nice yard. This 14 unit has been well maintained. Electricity for each unit is in tenants' name and each unit includes an electric range. The heat is a gas central boiler that is proactively maintained. The current owner has an on-site custodian who helps maintain public spaces and garbage, etc. The current owner has replaced one commercial washer & dryer, commercial water heater, and addressed plumbing issues throughout. Sewer was repaired prior to their purchase.

Location

State IN

County Marion

Zoning COMM - APT 4 - 19 UNITS-4

Rooms

Basement Finished,Storage Space

Interior

Heating Gas

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Cable Available,Electricity Connected,Gas,Water Connected

View Y/N false

Building

Story 2

Foundation Block

New Construction false

Schools

School District Indianapolis Public Schools

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