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Listed by Doug Dilling • United Real Estate Indpls
$ 1,200,000
Est. payment /mo
New
5819 E Washington ST Indianapolis, IN 46219
10,194 SqFt
UPDATED:
02/22/2025 10:56 PM
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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